After spending years attempting to construct their very own area downtown, the Philadelphia 76ers have introduced that they are going to work along with Comcast, which owns the NHL’s Philadelphia Flyers, to construct a brand new area in South Philadelphia, the place venues for the 4 main groups within the at the moment reside.
They may every personal 50 % stakes within the venture. Comcast will even purchase a stake within the 76ers and its father or mother firm, Harris Blitzer Sports activities and Leisure, and work with them to carry a WNBA crew to Philadelphia.
“This can be a lot,” Philadelphia mayor Cherelle Parker mentioned Monday at a press convention asserting the deal. “This a curveball none of us noticed coming. However we’re right here.”
Josh Harris admitted this was not the primary plan however it’s the place the franchise “pivoted,” together with after an intervention by NBA commissioner Adam Silver. Comcast CEO Brian Roberts additionally cited the function of the NBA and Silver in getting the 2 sides to work collectively.
