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Paul Viera, founder of global investment firm EARNEST Partners, is expanding his investment stake in the San Antonio Spurs, as announced by the team via a press release.
The NBA's Board of Governors approved the transaction, paving the way for Viera to have a larger stake in a young team working toward contention in the Western Conference. That, he cited as one of the biggest reasons for his decision. “I am incredibly excited about the Spurs culture and the direction in which the team is heading,” Viera said. “The Spurs have a legacy of success and a promising outlook for the next decade and beyond. I look forward to continuing to support the team's growth and achievements.”San Antonio Spurs point guard Blake Wesley has quite a bit to prove in his third NBA season, and that starts with training camp next week.
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