The 76ers have issued a release stating they have a "major announcement" they will make tomorrow at The Palestra. As reported at the end of last week, Comcast-Spectacor's sale of the Sixers has been approved by the NBA's Board of Governors.
Tomorrow's announcement will be the introduction of the new ownership group, led by New York billionaire Joshua Harris. Harris and his investment group have purchased the Sixers for approximately $280 million. Terms of the sale were agreed to in July and have been pending the NBA's approval since.
The NBA is currently mired in a labor dispute; the league has already canceled the first two weeks of the regular season, which was scheduled to tip off Nov. 1.