The team's deal with Comcast Spectacor in South Philly includes investments on East Market Street, but few details are known.
What you should knowThe 76ers are going to remain in South Philly after abandoning their plan to build a new arena in Center City. Instead, the Sixers and Comcast Spectacor, which owns the Flyers and Wells Fargo Center,
Comcast plans to take a minority ownership stake in the 76ers as part of a deal with team owner Harris Blitzer Sports & Entertainment to build a new arena for the 76ers and Flyers in South Philadelphia.
Harris Blitzer Sports & Entertainment (HBSE) and Comcast today announced that HBSE and Comcast Spectacor have entered into a binding agreement to
The 76ers are going to stay in South Philly after all, according to City Council members and a key labor leader. The team has struck a deal with Comcast Spectacor to remain in the South Philadelphia sports complex,
Mayor Cherelle L. Parker tried her best to spin the collapsed deal as a win-win, but the Center City arena proposal turned out to be a giant waste of time and money.
The move is a shocking reversal after the Sixers’ plans for a controversial Center City arena were approved by the city less than a month ago.
After years of posturing, planning, and protests, the Sixers are staying in South Philly after all. Well … that was a fun ride. After years of posturing, planning, and protests, the Sixers are staying in South Philly after all.
The sudden turn of events comes after Philly City Council recently approved a controversial plan to build an arena in Center City near Chinatown.
On Monday, Jan. 13, 2025, Philadelphia Mayor Cherelle Parker joined City Council President Kenyatta ... Sixers -- announced that it has entered a "binding agreement" with Comcast Spectacor to bring a "world-class, state-of-the-art arena" to the South ...
The decision is rooted in a deal struck with Comcast Spectacor, which hopes to transform the South Philly sports complex over the next decade.
The stunning reversal comes as a relief to critics of the plan to put a $1.3 billion arena near City Hall at the edge of Chinatown.