Will & Jada Smith Part Of Group That Purchased Philadelphia 76’ers

It’s interesting, with all the talk of NBA teams losing money, people are still lining up to purchase teams and be a part of them. Keep that in mind as the owners and David Stern continue their press campaign.

But anyway, add Will Smith and wife Jada (one of my FAVORITE COUPLES) to the list of celebrities that have a stake in a franchise. The couple is part of a group spearheaded by billionaire Joshua Harris who have purchased the Philadelphia 76ers from Comcast-Spectacor for $280 million. The group also includes David Blitzer, Art Wrubel, James Lassiter (Will Smith’s manager and Jason Levien. Levien is a former NBA player agent and Sacramento Kings executive. The sale has been officially approved by the league.

The group purchased 100% percent of the franchise, not including the Wells Fargo Center. The new ownership group has already announced several changes including, price reductions on tickets- Certain lower-level seats that were $54 last season will be dropped to $29.  A new marketing campaign: “Passionate. Intense. Proud.” and a website for fans to communicate with the new owners, www.newsixersowners.com.

Also confirmed, general manager Ed Stefanski will not be staying on with the franchise.

source

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

Share
Published by
Jill Munroe

Recent Posts

‘Reasonable Doubt’ Season 2 Hulu Tackles Friendship, Power & Secrets | Exclusive with Raamla Mohamed & Emayatzy Corinealdi

Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…

2 weeks ago

Frasier Reboot Season 2: How Olivia, Eve, and Roz Redefine Strong Female Characters | Watch on Peacock

The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…

3 weeks ago

Puff Daddy, Hugh Hefner, and 70s Rock Icons: Two Sides of the Same Coin?

The lifestyles of music and media moguls, from rock stars of the 1970s to hip-hop…

4 weeks ago

Zoë Kravitz on Directing ‘Blink Twice’: Exploring Paradise, Danger, and Feminist Themes

Zoë Kravitz on Directing 'Blink Twice': Crafting Tension in Paradise Zoë Kravitz has stepped behind…

4 weeks ago

Diddy’s Explosive New Lawsuits: Drugging, Assault, and Voodoo Tattoo Connection

Sean "Diddy" Combs has found himself at the center of a storm, with new allegations…

4 weeks ago

“Seeking Mavis Beacon:” A Cultural Icon Who Was Never Real

The mystery behind Mavis Beacon, the face of the beloved 1980s typing software, has intrigued…

2 months ago

This website uses cookies.