Have to admit, I didn't see this coming.
Then again, as many have pointed out, there were few options.
The thought that the Spurs are letting 38 home dates in their building get away is puzzling.
The thing is, the Spurs also let 16-17 home dates get away with the Silver Stars... who also moved to Las Vegas. I know WNBA is always treated a joke, even amongst the players, but arenas can become boondoggles if you don't fill them with events and you don't make any money by offering people tours of the locker rooms and utility closets.
Come to think of it, San Antonio teams moving to Vegas is a lot like Atlanta NHL teams moving to Canada.
From what I see, Spurs Sports & Entertainment (SS&E) clearly run San Antonio, with the Missions being the exception to the rule. Anything else that comes in meets a grisly fate if they aren't part of SS&E, and once SS&E doesn't see profit, they want out as soon as possible. In the late 1990s, there was a nasty turf war between the Dragons & Iguanas where the Dragons lost, despite being in the IHL; however the Iguanas didn't live much longer once the Spurs bought the franchise rights of the Adirondack Red Wings and moved them down to Texas. And on the soccer end, once they bought Toyota Field to create their United Soccer League (now USL Championship) club, that was it for the NASL's San Antonio Scorpions. You could easily attribute the San Antonio Commanders failure to the AAF folding as the city clearly loved football and wanted to support that franchise, however.
Given how the 2+ decade run of Spurs dominance is effectively over and the team is going into the unknown period of mediocrity, which undoubtedly will hurt ticket sales, they want to eliminate any revenue losers as possible. This also does not look good for San Antonio FC, the local soccer club that, as I stated, was created when the team bought Toyota Field.