x
Breaking News
More () »

Spurs to receive huge payout from NBA revenue sharing

The Spurs are pocketing a huge sum of money.

SAN ANTONIO — The San Antonio Spurs are pocketing a huge sum of money thanks to the NBA revenue sharing.

According to a report via ESPN's Adrian Wojnarowski, the Spurs are getting a significant financial shot from the 2021-22 revenue-sharing plan.

Specifically, $26.3 million.

In a nutshell, the 10 large NBA market teams that made the most revenue contributed financially to the other 20 league teams that did not make as much money.

The idea is to create a financial balance in the NBA.

For the Spurs, the financial impact will help in their rebuild and help them thrive despite being in a small market as compared to other teams.

San Antonio will have a significant amount of salary cap space this offseason and moving forward.

This bodes well for a franchise in transition if they want to chase top NBA free agents or work trades as it looks toward the future and gets back to the top of the NBA.

Follow us on Twitter at @KENS5 and at @JeffGSpursKENS5.

Learn more about KENS 5:

Since going on the air in 1950, KENS 5 has strived to be the best, most trusted news and entertainment source for generations of San Antonians.

KENS 5 has brought numerous firsts to South Texas television, including being the first local station with a helicopter, the first with its own Doppler radar and the first to air a local morning news program.

Over the years, KENS 5 has worked to transform local news. Our cameras have been the lens bringing history into local viewers' homes. We're proud of our legacy as we serve San Antonians today.

Today, KENS 5 continues to set the standard in local broadcasting and is recognized by its peers for excellence and innovation. The KENS 5 News team focuses on stories that really matter to our community.

You can find KENS 5 in more places than ever before, including KENS5.com, the KENS 5 app, the KENS 5 YouTube channel, KENS 5's Roku and Fire TV apps, and across social media on FacebookTwitterInstagram and more!

Want to get in touch with someone at KENS 5? You can send a message using our Contacts page or email one of our team members.

Before You Leave, Check This Out