clock menu more-arrow no yes mobile

Filed under:

McCombs family joins Spurs investor group

A familiar name returns to to the fold

Golden State Warriors v San Antonio Spurs Photos by Michael Gonzales/NBAE via Getty Images

For longtime Spurs fans, the McCombs family is synonymous with the San Antonio Spurs. Business magnate Red McCombs was essential to the success and longevity of the Surs franchise.

This past week, the Spurs announced that the McCombs family has joined their investor group as a strategic partner.

“Red, Charline and the entire McCombs family mean so much to the Spurs and San Antonio,” said Peter J. Holt, SS&E managing partner. “To see the McCombs family come full circle and officially welcome them back into our investor group is beyond special. Red was a visionary whose bold work shaped San Antonio and put us on the global map. The McCombs family is continuing his legacy and together with our entire investor group, we are committed to seeing the Spurs and this great city thrive.”

Beginning with Charline and Red McCombs, the family has been a mainstay of the San Antonio business community for four generations. Today, McCombs Enterprises continues the legacy through its charitable efforts, local car dealerships, real estate development and energy investing.

“The entire McCombs family is thrilled to renew our connection to the Spurs and join Peter John, Corinna, and the Holt family as Strategic Partners,” said Joseph Shields, grandson of Charline and Red McCombs, and Executive Vice President of McCombs Enterprises.

Red McCombs passed away esarlier this year at the age of 95 and was celebrated by the community and the Spurs through testimonials, videos, billboards, highlighting his impact on San Antonio.

Welcome to The Thread. Join in the conversation, start your own discussion, and share your thoughts. This is the Spurs community, your Spurs community. Thanks for being here.

Our community guidelines apply which should remind everyone to be cool, avoid personal attacks, do not troll and watch the language.