The beauty of the 2025/26 Spurs season was that it brought back expectations. For half a decade, San Antonio lay dormant as it recovered from the Kawhi Leonard fiasco, putting together respectable but unremarkable teams as it seemed to look for a sign, a path. Some beloved veterans and homegrown young guys had to leave to allow for the creation of a burgeoning contender, led by Victor Wembanyama.
Nothing could have prepared the fanbase, and likely the organization, for what was to come. Instead of
just making the playoffs in Wemby’s third year, the goals shifted as the Spurs proved much better than anticipated. The modest expectations somewhat reluctantly evolved, and the chance for elation and heartbreak increased. In a short period of time, San Antonio went from the team of the future to a legitimate contender, which not only reached the Finals but could have won them.
The ascendance looks predetermined now, but it wasn’t the case early on. It seems ancient history by now, but the Spurs came into the season with some serious question marks. Victor Wembanyama missed the end of the past year with deep vein thrombosis and didn’t have time to gel with the new acquisition, De’aaron Fox. Jeremy Sochan, then considered a core piece, was hurt while training with the Polish national team, bringing further uncertainty to the forward spot, a noticeable weakness. San Antonio had made a somewhat controversial pick in the draft by selecting a point guard, Dylan Harper, second overall, adding a special talent but creating a logjam in the backcourt. Finally, Mitch Johnson, a rookie head coach, stuck around without the interim tag.
The preseason predictions of an around .500 team seemed prudent. Early injuries made it impossible to figure out just how good the Silver and Black could be right off the bat, but there was a sense that the team could surprise. It would take a while to see how Fox and Wembanyama fit together, but even with changes to the starting lineup, San Antonio got off to a good start. The Spurs won eight of the first 10, with a star-making performance by The Alien on opening night and a few up-and-down games. As Wemby got hurt, the team could have taken a nosedive down the standings, but didn’t. Luke Kornet, the big free agency addition, held down the fort inside and Fox showed off his scoring prowess on an expanded offensive role. A quarter into the season, the Silver and Black had one of the best records in the West despite serious absences.
There were some impressive wins along the way, but also a few losses to prospective playoff teams that suggested caution about the team’s ceiling was valid. Those concerns disappeared as the Spurs beat the Thunder three times in a row without Wembanyama, largely on the strength of their guard play and displaying the identity that would make them a nightmare to face. San Antonio emerged as a tenacious defensive team with the youth to pressure the rim and run, the talent in the backcourt to match up with anyone, and a game-changing defensive player in Wembanyama who looked like a superstar when he was available. The run-up to the Emirates NBA Cup Finals showed they also had the confidence to win big games, and while the loss to the Knicks foreshadowed how the Silver and Black’s season would end, by the mid-point, it was clear the Spurs had arrived.
It wasn’t all perfect, of course. The young guards could not shoot from outside, which forced Fox to an off-ball role more often than it would have been ideal. Sochan had lost ground in Mitch Johnson’s consideration because he, too, struggled to space the floor and didn’t fit well with Kornet off the bench. Rookie Carter Bryant was force-fed some minutes and looked clueless, and Harrison Barnes was showing signs of slowing down after a brilliant start. With the trade deadline nearing, a move to fortify the forward rotation, which seemed like a weakness despite Keldon Johnson’s productive year, felt appropriate. The front office disagreed or couldn’t find the right offer. Sochan was waived, and soon after, Julian Champagnie took over the starting big forward spot from Barnes, a change that proved sufficient to help San Antonio separate from the pack in the West.
The Spurs returned to the playoffs after seven years as the second seed in the West and faced the outmatched Trail Blazers, which came out of the play-in. They easily took care of business despite missing Wembanyama for a game due to a concussion. The second round was supposed to be their big test, as a loss to the Nuggets in the last game of the regular season put San Antonio on a collision course with the consensus third-best team in the conference. Instead, it was the Timberwolves who were there after eliminating Denver in a battle of injured teams. It was a tougher matchup, as the physicality increased, leading to a frustrated Wembanyama throwing a dangerous elbow to Naz Reid that got him ejected but not suspended. Ultimately, Minnesota didn’t have enough firepower with Anthony Edwards limited, and the Spurs advanced to the conference finals, giving everyone the matchup they were waiting for.
Thunder-Spurs didn’t disappoint. Game 1 was an instant classic, and the two West young superpowers traded blows in a series marked by physical play, momentum swings, and a coaching chess match. Shai Gilgeous-Alexander, the recently crowned two-time MVP, took advantage of an aggressive San Antonio defense geared toward stopping his scoring to set up his teammates, until Mitch Johnson adjusted. Wembanyama saw all kinds of defenders on him, from big guards to centers. Oklahoma City, despite missing their second-best player, Jalen Williams, and his natural replacement, Ajay Mitchell, got a 3-2 lead in the series, and the Silver and Black’s chances weren’t looking great. Once again, the Spurs surprised everyone with their poise, as Wembanyama led the way while other players took turns stepping up to secure a comeback win that made them the favorites to win the title.
Unfortunately, the dream run ended there. The Knicks came out of the East and were a terrible matchup for a much smaller San Antonio team. The Spurs put up a fight, always leading at some point and occasionally by double digits, but couldn’t hold on, making mistakes at the worst possible times and lacking the depth to survive the non-Wembanyama stretches. Every game was similar to the next, and the result was the same in all but one. New York always had an answer and never stopped fighting despite big deficits, giving itself a chance to out-execute its opponent late. Even in a game in which the Spurs led by 29, they just kept fighting, waiting for their opportunity to pounce, and taking advantage of it once it presented itself. Jalen Brunson, who struggled with efficiency early in the series, was an assassin when it counted, and all of San Antonio’s weaknesses manifested at the same time.
Despite the rough ending, it was a memorable season for the Spurs. They returned to the playoffs, made their deepest run in over a decade, saw Wembanyama emerge as a true superstar, and the two young guards as potentially great running mates. The 4-1 end result in the Finals doesn’t truly show how close they were to the Larry O’Brien and their sixth banner. And few, if any, teams looked better set up for the future.
At the same time, it can feel like a wasted opportunity in which the Spurs’ patience, one of their most praised virtues, might have backfired. A small addition at the deadline, a more developed offensive system installed despite the youth of a sizable part of the roster, and more direct involvement from the coaching staff to orchestrate things in key moments could have resulted in a title.
It’s all a matter of perspective. The league has more parity than ever, and it should continue to do so since the tools to build dynasties appear to have been legislated out of the game. In that context, a Finals appearance can be seen as a prize in itself, especially for such a young team. It can also be seen as a precious and rare chance to secure a title at a time when doing so can be considered harder than ever, even with talented rosters. And the Spurs couldn’t capitalize on it.
The hope is that the lessons learned along the way will help San Antonio do what many others are struggling to accomplish: build a lasting contender that has multiple opportunities to win it all. The talent is there. Now it’s time to build around it.
