The San Antonio Spurs are selling a minority stake in the franchise.

The team has retained Guggenheim Partners to manage the process.

A Spurs spokesperson said in a statement, “As an ownership group we remain 100 percent committed to the city of San Antonio. Every day we celebrate the amazing relationship that exists between our community, our fans and our Spurs. San Antonio is home and will remain home."

It is not known how large of a stake is available. 

The Spurs are worth $1.8 billion, according to Forbes, which means a five percent stake would cost $90 million. Limited stakes often come without a board seat or a say in how a franchise is run.

The Holt family bought the team in 1996 for about $76 million.

The Naismith Basketball Hall of Fame Class of 2020 includes Kobe Bryant, Tim Duncan and Kevin Garnett as first ballot inductees.

Rudy Tomjanovich, Tamika Catchings, Patrick Baumann, Barbara Stevens, Kim Mulkey and Eddie Sutton have also been named to the Hall of Fame.

“No amount of words can fully describe what Kobe Bryant meant to the Los Angeles Lakers,” said Jeanie Buss. “Kobe was not only a proven winner and a champion, he gave everything he had to the game of basketball. His fierce competitiveness, work ethic and drive were unmatched. Those qualities helped Kobe lead us to five titles – and have now brought him to the Hall of Fame, where he will be enshrined with the greatest to have ever played the game. No one deserves it more.”

DeMar DeRozan is reportedly unhappy with his current role with the San Antonio Spurs, according to Jabari Young of CNBC.

"Listen, I don’t have to sugarcoat anything. DeMar DeRozan is not happy in San Antonio, OK? The offense is not running as smoothly as one should think with a guy like him in the lineup, and there are problems are there, right?

"And so you have to decide if you’re going to take that money of if you’re going to come back to a situation that’s just not suitable," said Young during an ESPN appearance.

DeRozan has a player option for next season worth $27.7 million.

DeRozan is currently averaging 22.2 points, 5.6 rebounds, and 5.6 assists on the season.