Sunday, December 28, 2014

Sale of Sixers approved

Comcast-Spectacor's sale of the 76ers has been approved by the NBA's Board of Governors, confirmed an NBA source.

Sale of Sixers approved

Comcast-Spectacor's sale of the 76ers has been approved by the NBA's Board of Governors, confirmed an NBA source.

As reported in Friday's Inquirer, the sale is expected to officially close next week, with the new ownership likely speaking publicly next week. The new ownership group is led by New York billionaire Joshua Harris; the group bought the Sixers for approximately $280 million.

Terms of the sale were agreed upon by both sides in July and the deal has since been waiting for NBA approval.

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About this blog

Keith Pompey has been an Inquirer reporter since September 2004 and took over the Sixers beat in the summer of 2013 after covering Temple basketball and football for the previous three years.

Marc Narducci has served in a variety of roles with the Inquirer since beginning in 1983. He has covered the 76ers as a backup and a beat writer. In addition, Narducci has covered everything from the Super Bowl to the World Series and a lot in between.

Keith Pompey Inquirer Staff Writer
Marc Narducci Inquirer Staff Writer
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