The Sixers today will introduce new ownership after getting the necessary approval from the NBA Board of Governors for the sale.
A late morning press conference at the Palestra is fitting, given the new ownership is led by Wharton grad Joshua Harris. CSN Philly reports the NBA board voted unanimously to approve the sale, relieving Ed Snider and Comcast-Spectacor of ownership duties.
Philadelphia native Adam Aron, a graduate of Abington High School, Harvard College and Harvard Business School, will be the team’s CEO.
The then-pending sale was announced in June.
Update, 1 p.m. Inquirer business reporter Joe DiStefano has published the list of investors putting their faith (and their money) into the Sixers’ new ownership. Will Smith and wife Jada Pinkett are on the list, as are pro sports agent Jason Levien and two Indonesian investors.
Feed the Feed: If you could have the new owners change any one thing about the Sixers, what would it be?