A spin counter updating system and method for updating spin counters for spin latches in a multiprocessor computing system. The updating system includes main spin counter value storage for storing spin counter data correlated to at least one spin counter value, and a master agent. The master agent includes agent spin counter value storage for storing spin counter data correlated to at least one spin counter value; and a spin counter signal handler, wherein the spin counter signal handler is adapted to read spin counter data from the main spin counter value storage and to store the read spin counter data to the agent spin counter value storage.