Initially as a trial run the Dallas Chaparrals were moved to San Antonio after they were purchased by a group of local businessmen. The agreement would state that team would move to Antonio for three years, if after that they had not drawn enough interest the team would be sold back to Dallas.

The team's name was originally slated to be Gunslingers. However, before they even played a game the name was changed to Spurs.

The Spurs would be coached by Tom Nissalke who left the team a year earlier for the NBA, but returned sighting leaving as a mistake. In the first game at the HemisFair Arena the Spurs would lose to the San Diego Conquistadors, despite attracting a noisy crowd of 6,000 fans.

A smothering defense was the team's image as they held opponents less than 100 points an ABA record 49 times. The team would get stronger as the season went on as they twice took advantage of the Virginia Squires acquiring Swen Nater who would go on to win Rookie of the Year in November and The Iceman George Gervin in January.

The ABA tried to halt Gervin deal citing it was detrimental to the league, but a judge would rule in the Spurs player, and Gervin made his Spurs debut on February 7th. The Spurs would go on to finish with a 45-39 record good for third place in the Western Division.

In the playoffs the Spurs would battle the Indiana Pacers to the bitter end before falling in seven games. Following the season ownership decided to complete purchase and keeping the team in San Antonio permanently.