The San Antonio Spurs released a statement from Peter J. Holt insisting the team has no plan to relocate.
"I want to reassure you that the Spurs are in San Antonio to stay," Holt said in a message posted on Twitter.
"My family became involved in the Spurs in the 90s because there was a real threat the team would be moved. We would not let that happen then and we will not let that happen now," Holt said. "There are no Spurs without the city and the people of San Antonio."
The Spurs recently requested playing two home games in Austin's new Moody Center.
A team official told the commission the franchise is simply trying to expand its brand.