Free Trial

Spurs announce jersey deal with Paris-based digital asset security firm Ledger

Spurs' Victor Wembanyama arrives for a news conference in San Antonio, May 5, 2025. (AP Photo/Eric Gay, File)

Key Points

  • The San Antonio Spurs announced a multi-year jersey sponsorship deal with Paris-based digital asset security firm Ledger, making it the team’s new jersey patch partner.
  • The partnership strengthens the Spurs’ deep French connection, highlighted by stars like Tony Parker, Boris Diaw and Victor Wembanyama, while Ledger secures over 20% of all global cryptocurrency assets.
  • The new Ledger-branded jerseys will debut at the NBA draft and first appear in action during the California Classic summer league on July 5 for both the Spurs and their G League affiliate.
  • Ledger will also back the Spurs’ Paris community initiatives—renovating outdoor courts and serving as presenting partner for the Spurs Tech & Basketball Camp, which integrates sports with STEM education.
  • MarketBeat previews top five stocks to own in July.

SAN ANTONIO (AP) — The San Antonio Spurs are strengthening their ties to Victor Wembanyama's homeland, announcing a new agreement Tuesday to have the French digital asset security firm Ledger be its new jersey sponsor.

Ledger is based in Paris, where the Spurs played two games last season. The Spurs have long had an enormous following in France, with players like Tony Parker and Boris Diaw playing for San Antonio before the team drafted Wembanyama in 2023.

“This moment cements a decades-long history of international collaboration and growth by the Spurs organization, as the game of basketball has grown to touch every culture and continent,” said RC Buford, the CEO of Spurs Sports & Entertainment.

It is a multi-year deal, but specific terms were not announced.

Ledger is a relatively new company. It was started 10 years ago to help safeguard digital assets for cryptocurrency users. It has grown wildly since, now used by millions of individuals around the world to secure more than 20% of all crypto.

“Aligning ourselves with an historic U.S. sports team, which boasts a deep French connection past and present, will help us onboard the next generation of sovereign individuals," said Pascal Gauthier, Chairman & CEO of Ledger. “The San Antonio Spurs, at the heart of America in Texas, is the future of the league, growing their fandom rapidly, and the most international team the NBA has to offer."

The Spurs have had players from more than 30 countries play for the organization.

They will debut their new Ledger-branded jerseys at the NBA draft on Wednesday. They currently have the No. 2 and No. 14 picks in the first round. The first game with the new patch will be at the California Classic summer league on July 5, and the patches will be on both the San Antonio and the G League's Austin Spurs jerseys.

Also in the deal: Ledger will join the Spurs' ongoing community efforts in Paris, which started earlier this year with the team launching a multi-year plan to renovate outdoor basketball courts. Ledger also becomes the presenting partner of Spurs Tech & Basketball Camp, which uses sports and technology applications to engage school-aged participants ages 10-14 — connecting young basketball players with science, technology, engineering, and math and showing how all those elements are tied to the game.

___

AP NBA: https://apnews.com/hub/NBA

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines