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SBD/November 10, 2010/Franchises
Spurs Bullish On Prospects For Long-Term Growth In San Antonio
Published November 10, 2010
Spurs Sports & Entertainment President of Business Operations Rick Pych said that the team is "highly optimistic about the long-term health of the franchise -- in large part because of the projected economic growth for the city," according to W. Scott Bailey of the SAN ANTONIO BUSINESS JOURNAL. Pych: "You have to be optimistic about the future here." Bailey noted SSE has "created a program to help fans who don't want to invest in 40-plus home games but who still want to be season ticket holders." The program matches fans "with others in a similar situation so that they can share their season ticket packages," and Pych said that "roughly 1,000 people are now participating in that partnering program." He said that the Spurs "still expect to sell the equivalent of about 10,000 full season tickets this season." Pych said that the Spurs also "have tried to create more bang for the buck for fans and sponsors this season." SSE is "converting some 4,000 square feet of space on the event level at AT&T Center into a private club for some of its high-end season ticket holders," and Pych said that "work on that club should be completed by next month." SSE also has "sweetened luxury box deals, lengthening some commitments with business supporters in the process." Pych: "Almost everything that we are doing is geared toward providing additional value." He added that the Spurs have sold "more than 90 percent of their luxury suite inventory," and that the national average for suite sales "is now closer to" 60% (SAN ANTONIO BUSINESS JOURNAL, 11/5 issue).
SUPER FANS: In San Antonio, William Pack reported Nationwide Insurance and the Spurs Monday announced a sponsorship agreement that "creates a sweepstakes to select a 'Super Fan' who will be recognized at each Spurs home game." Winners of the "World's Greatest Super Fan In The World" sweepstakes "will get to join the Spurs on the court during pre-game warm-ups and to high-five team members during pre-game introductions." They also will receive "four lower-level game tickets and a souvenir T-shirt and will have their pictures featured on the arena's overhead video screen during the game" (SAN ANTONIO EXPRESS-NEWS, 11/9).