Austin, TX
David Blitzer Joins League One Volleyball as Austin Co-Owner
League One Volleyball (LOVB) has announced David Blitzer, Peter J. Holt and Amy Griffin will buy the LOVB Austin Volleyball pro team in Austin, Texas.
The group will also gain an ownership stake in LOVB itself. Griffin, through her private equity firm G9 Ventures, had already been involved in the competition as an investor.
Financial details of the LOVB Austin transaction were not disclosed. With assistance from law firm Proskauer, LOVB’s chief growth officer Stephanie Alger led talks with G9 Ventures, Blitzer’s Bolt Ventures and Spurs Sports & Entertainment, which is chaired by Holt.
The original six LOVB teams had all been owned and operated by the league, but Rosie Spaulding, president of LOVB Pro, said there was always a roadmap towards individual team ownership.
Spaulding said in a video interview that the experience in sports that Blitzer, Holt and Griffin bring to the table will be an invaluable asset to LOVB, and that the group was drawn to LOVB Austin by “the model … and the ecosystem approach that we have with the youth community.”
The new stewards of LOVB Austin, which won the inaugural LOVB championship in April, come to a place that has long supported the sport through the University of Texas’ famed program. Nine of the 15 players in LOVB Austin are former Longhorns—keeping with the league’s mission of promoting local stars.
“Austin is such a hotbed for volleyball,” Spaulding said. “Incredible participation on the club side, incredible success in the collegiate side.”
Blitzer is believed to be the first person invested in all five major male U.S. team sports leagues at the same time, though he is in the process of selling the control stakes of MLS’ Real Salt Lake and the NWSL’s Utah Royals to the Miller family. He is the co-owner both of the NBA’s Philadelphia 76ers (valued at $4.57 billion) and the NHL’s New Jersey Devils ($1.7 billion) along with Josh Harris. He’s also an investor in the NFL’s Washington Commanders, of which Harris is the majority owner, and in MLB’s Cleveland Guardians, where he has a pathway to control within the next few years. Through Bolt Ventures, Blitzer holds a stake in Crystal Palace and controls several other European soccer clubs.
While Blitzer has the widest sports ownership portfolio, Holt and Griffin have the strongest ties to Austin and volleyball.
In 1996, Holt’s father, Peter M. Holt, joined the San Antonio Spurs’ ownership group and became the franchise’s majority owner just a few months later. Since then, the Spurs have won five NBA championships, and the family added the NBA G League’s Austin Spurs and the USL’s San Antonio FC to its holdings. (Its former WNBA team, the San Antonio Silver Stars, was sold to MGM International in 2017. The Stars became the Las Vegas Aces, currently the most valuable team in the W.)
Peter J. Holt succeeded his father and mother as the chairman and CEO of Spurs Sports & Entertainment in 2019. The Spurs are valued at $3.79 billion, ranked 20th in Sportico’s NBA franchise valuations.
Griffin, the managing partner of G9 Ventures, leads a private equity firm with investments in On Running, Bumble, Oura and Spanx, among other consumer products. G9 is already an investor in the league, and Spanx is a league-wide sponsor.
A Texas native, Griffin is a former outside hitter and team captain of the women’s volleyball team at the University of Virginia. She is also a New York Times bestselling author. Her memoir The Tell was released in March.
In January, Spaulding said LOVB was weighing expansion outside of its six current markets. When asked this week if the league would focus on adding new clubs or sell the existing teams to well-heeled owners, Spaulding said that pairing the original teams with the right group is more important.
“In approaching the idea of team ownership, we’ve really focused on bringing together the right individuals in the right markets versus selling all teams outright,” Spaulding said. “We’ll continue to be super deliberate and intentional in identifying those [ownership] groups and ensuring that they’re aligned with… what we’re building here, not just on the pro side, but [having] a true ecosystem through our youth-to-pro model.”
Austin, TX
Live updates: Flash Flood emergency in Kerr County as rain continues to pound Texas
KERRVILLE, Texas (KXAN) — The City of Kerrville issued a shelter-in-place Thursday morning, with heavy rain causing reported evacuations early Thursday morning. A Flash Flood Warning is currently in place for Kerr County as the Guadalupe River continues to rise.
Around 5:30 a.m., the National Weather Service said a “large and deadly flood wave is moving down” the Guadalupe River.
KXAN First Warning Weather Meteorologist Kristen Currie said approximately 11 inches of rain have fallen northwest of Kerr County since 10 p.m. on Wednesday. The Guadalupe River is expected to reach major flood stage in multiple areas.
Kerr County PIO Lisa Walter said “there have been multiple swift water rescues and evacuations.” Officials emphasized not to drive through flooded streets and to turn around if water covers the roadway.
Evacuations were underway in multiple areas, according to the county, including:
- Goat Creek
- Arcadia Loop
- Lowery/Guadalupe area
- Junction Highway low-water crossings
- Other low-lying neighborhoods
Emergency shelters are open at Impact Church (Goat Creek evacuation point), Calvary Temple Church and City West Church for people in West Kerr County, the county said.
Here are the latest headlines:
Live updates
7:03 a.m.: KXAN’s Kevin Baskar is in Gillespie County providing updates on the latest flood conditions in the area. Watch his update below.
6:37 a.m.: Kerr County officials emphasized not to drive through flooded streets and to turn around if water covers the roadway.
Evacuations were underway in multiple areas, according to the county, including:
- Goat Creek
- Arcadia Loop
- Lowery/Guadalupe area
- Junction Highway low-water crossings
- Other low-lying neighborhoods
Emergency shelters are open at Impact Church (Goat Creek evacuation point), Calvary Temple Church and City West Church for people in West Kerr County, the county said.
6:27 a.m.: Video shows emergency crews hauling boats and rescue equipment through Kerrville.
6:15 a.m. NewsNation correspondent Xavier Walton and his photographer captured a structure being swept up in river water and crashing into a Kerrville bridge. The structure appears to be some sort of shipping container, pushing against the bridge.
Watch the video below:
6:08 a.m.: Kerr County PIO Lisa Walter confirms “there have been multiple swift water rescues and evacuations.”
6:02 a.m.: The Guadalupe River at Center Point is expected to crest at 35 feet, which is the same crest as July 4, 2025.
5:57 a.m.: The National Weather Service said “a large deadly flood wave” is moving down the Guadalupe River.
5:49 a.m.: The Comfort Volunteer Fire Department said it has units in Kerrville and Centerpoint alerting people along the Guadalupe River. They’re helping Kerr County with evacuations along Highway 27 between Comfort and Centerpoint. They said all VFD personnel are OK.
5:30 a.m.: The Kerr County Sheriff’s Office said in a Facebook post that it’s received reports of “street flooding in Ingram, and it’s likely many roads and city streets are flooded as well.”
Austin, TX
Austin Pets Alive! activates emergency response to assist shelters affected by flooding
AUSTIN (KXAN) — As flood threats continue across parts of South Central Texas, Austin Pets Alive! has activated emergency response efforts to support animal shelters affected by the inclement weather.
In a social media post, APA! wrote, “We began offering aid last night, working to secure fosters for 10 dogs in the Castroville shelter, an open-air shelter that sits at the bottom of a valley.”
APA! said the situation escalated overnight with additional shelters reporting flooding. One shelter confirmed that floodwaters reached its facility, APA! added.
Communities overwhelmed due to weather include Uvalde, Castroville and Sabinal.
The nonprofit is asking the Austin community to foster, adopt or donate to free up capacity for animals displaced by the disaster. APA! needs to clear out its facilities to assist the animals in need of shelter.
Here are ways you can help:
- Adopt: APA! is offering a “Name Your Own Adoption Fee” on all animals.
- Foster: The shelter is seeking foster homes for a minimum of three weeks.
- Donate: Proceeds will fund vans and response teams setting up a staging and triage center at the heart of the disaster zone, along with an expanded stockpile of preventatives, PPE and additional supplies.
If you would like to donate, click here.
Austin, TX
Austin proposes more flood mitigation funding as heavy rains threaten Central Texas
AUSTIN, Texas — With heavy rain expected across parts of Central Texas this week and flooding top of mind, the city of Austin is proposing to put more money toward flood mitigation improvements in next year’s budget.
The proposal would invest in new flood infrastructure, add staff, and help move flood mitigation projects forward, according to city leaders. Austin City Councilmember Ryan Alter said the investments are aimed at keeping the city prepared for future flooding.
Residents who live near waterways say they have seen how quickly conditions can change. David Haderspeck, who lives near Shoal Creek, said the creek “fills up pretty fast” and “gets a lot higher than you’d expect.” He said he has watched the water rise dramatically after rain.
“I’ve seen it come up probably 10 to 15 feet to the ordinary high-water mark,” he said.
This week, parts of Central Texas, including the Hill Country, are expected to get heavy downpours. While Austin is not expecting the same impacts as parts of the Hill Country, leaders said the city is using this year’s budget planning to continue investing in flood safety.
Alter said the city has the expertise to address flooding risks but needs to follow through on projects.
ALSO| Central Texas urged to prepare as heavy rainfall sits in forecast over next two days
“We have the experts. We just have to put the plans into practice, and that’s what we’re doing in this budget,” he said.
Under the budget proposal, the city would provide about $134.5 million for the Drainage Utility Fund, which helps pay for flood mitigation, drainage infrastructure and watershed protection efforts.
Alter said the proposal would shift more of the funding balance toward building new infrastructure.
“What we’re going to do is shift that balance a little bit more to building new infrastructure so that when we do have large flooding events, we’ve got that infrastructure in place to keep people safe,” he said.
The proposal also adds staff and invests in both new and existing flood mitigation projects across the city.
Asked whether the proposed investments would be enough moving forward, Alter said, “I do…I think we’re doing the right thing and just making sure that our residents have the infrastructure to stay safe.”
Alter said heavy rain cannot be prevented, but the city’s goal is to have infrastructure in place to help keep people safe when it happens.
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