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San Antonio Spurs owner reportedly spends millions buying land on Hawaiian Island
By Michael Karlis at San Antonio Current (alt-weekly)
· June 24, 2026
· 1 min read
Editor’s note: New documents obtained by the San Antonio Express-News show that the land in question wasn’t purchased by Peter J. Holt. Instead, the deal involved a trust affiliated with his father, Peter M. Holt, who is no longer involved in the Spurs’ leadership. Please see the Current’s new st...
Key takeaway Instead, the deal involved a trust affiliated with his father, Peter M.
Why this matters in The San Antonio
The recent land purchase by Peter J. Holt in Hawaii raises questions about the financial priorities of the San Antonio Spurs' ownership. As the team continues to negotiate with the City Council over funding for a new arena, Holt's ability to spend millions on personal investments may impact the public's perception of the team's needs. The city's potential contribution to a new arena would likely come from taxpayer dollars, making the team's financial dealings a matter of public interest. This development may also influence the city's stance on providing financial support for the arena, as officials weigh the benefits of investing in the team against the potential costs to the community. As the negotiations continue, the city will likely be watching Holt's financial moves closely, looking for assurance that the team is committed to investing in San Antonio, not just Hawaiian real estate.
About this story
Original reporting by San Antonio Current (alt-weekly) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit San Antonio Current (alt-weekly) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 24, 2026 ·
Source: San Antonio Current (alt-weekly) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Editor’s note: New documents obtained by the San Antonio Express-News show that the land in question wasn’t purchased by Peter J. Holt. Instead, the deal involved a trust affiliated with his father, Peter M. Holt, who is no longer involved in the Spurs’ leadership. Please see the Current’s new st...
When was this published? This article was first published on June 24, 2026 by San Antonio Current (alt-weekly) and curated for The San Antonio readers.
Who reported this story? This story was reported by Michael Karlis at San Antonio Current (alt-weekly). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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