After all the controversy regarding a new arena in Center City, the Philadelphia 76ers are reportedly staying in South Philadelphia. The Sixers have reportedly agreed to a deal with Comcast Spectacor to stay in the South Philadelphia sports district.
A new arena for the Sixers and Flyers is coming to South Philadelphia in a 50/50 partnership with Comcast Spectacor and Harris Blitzer Sports & Entertainment.
“HBSE and Comcast will also immediately focus on Market East, bringing together government officials and local stakeholders to develop a variety of options to revitalize a vital neighborhood in Center City where the 76ers had originally proposed locating the arena,” the release read.
The Sixers owners say they will 'develop a variety of options' for the East Market Street site where they initially sought to build a venue.
The deal comes just weeks after a grueling legislative battle in which the Sixers convinced City Council to give it the green light to move to Center City.
The Philadelphia 76ers and Comcast Spectacor have reached a deal to allow the team to remain in South Philadelphia after more than two years of posturing,
After pushing for years to have an NBA-only arena in Center City, the Sixers have reportedly agreed to a deal with Comcast Spectator to stay in South Philly. The city council of Philadelphia had voted at the end of 2024 to approve the building of the team's arena in Center City, but now, the Sixers have agreed to a deal.
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.
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.
It is a head-spin development from the fight the 76ers have lodged over the last two years when it sought to build a new arena in Chinatown and close to the city’s center, and as it went to battle with Comcast,
The sudden turn of events comes after Philly City Council recently approved a controversial plan to build an arena in Center City near Chinatown.
The Philadelphia 76ers will partner with Comcast Spectacor to build a new arena in South Philadelphia and abandon a deal to move downtown.