KLUP Post 1/7/2005 San Antonio Spurs

The Spurs are valued at a cool $405 Million according to Forbes report. John Thurman of Heart of Texas Realty here with Today’s San Antonio Business Journal News Feature. Business Journal writer Scott Bailey reported that the Spurs Sports & Entertainment company, home of its flagship franchise, the defending NBA national champion San Antnio Spurs, can make history by repeating its championship yet another year. But the owners of the team are already celebrating because a new report indicates that the value of the team has skyrocketed in recent years. Forbes ranked the Spurs as the 10th most valuable NBA Franchise in the league and that's a $15 million bump over last year. Both Houston and Dallas are larger markets than San Antonio and their NBA franchises are predicatly more valuable than the Spurs. But the Spurs are gaining value rapidly and they are now within striking distance of a fourth national title, a feet accomplished only byt the Chicago Bulls, Boston Celtics and the LA Lakers. For San Antonio area homes and real estate, call John Thurman of Heart of Texas Realty. www.HeartofTexasRealty.com