Former San Antonio Spurs center David Robinson said he has purchased an ownership stake in the franchise, the San Antonio Express-News reported.

"All the I's are dotted and the T's are crossed," Robinson told the paper. "I think we're in."

Robinson bought a 1.88 percent share from former Spurs president and chief executive officer Jack Diller, the paper reported. The transaction did not require NBA approval because the stake was for less than 5 percent.

"I just want to learn what [being an owner] is about," Robinson told the Express-News. "I want to get a feel for how things work. After not playing last year, this sort of makes me feel part of the team again."