The San Antonio Spurs have retained their AT&T Center naming rights agreement for the 2022/23 season after failing to find a new naming rights partner.
At&T informed the Spurs in July 2021 that it would not be renewing the deal signed in 2002 reportedly for $2 million per year.
The deal had been set to expire at the end of the 2021/22 season.
It is unclear what compensation the Spurs will receive from AT&T for the extended branding opportunity during the 2022/23 NBA campaign.
The venue in downtown San Antonio has been known as AT&T Center since 2006 after the company acquired rival telecommunications firm SBC, which previously owned the naming rights.
AT&T also divested its minority interest in the Spurs after informing the team that naming rights would not be renewed.
Spurs secured minority investment deals with the Sixth Street private equity firm and billionaire Michael Dell during this same period.
Having now secured a short extension with AT&T, the Spurs are continuing their search for a replacement.
The Spurs would play their opening NBA game for the 2022/23 season at home against the Charlotte Hornets on October 19.
