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AP source: 76ers could be week away from sale
Harris‘ group would be purchasing a team that hasn’t won a championship since 1983.
Philadelphia has won only one playoff series since losing to the Los Angeles Lakers in the 2001 NBA finals. This year, the Sixers won 41 games and stretched the Miami Heat to a five-game playoff series in Doug Collins’ first season as coach.
The Sixers routinely lag behind the Phillies, Eagles and Flyers in attendance and attention in a crowded Philadelphia market. From the first year the company owned both teams, Snider has fought the popular notion that he favored the Flyers over the Sixers. Snider founded the Flyers in the 1960s and led them to Stanley Cup championships in 1974 and 1975.
“I guess it’s the difference of having your own baby or adopting your child,” Snider said years ago in an interview with the AP. “I’ve adopted the Sixers and I love the Sixers. I really do. But hockey, I started from scratch.”
The Sixers’ ownership group has explored selling the team before. In 2006, Comcast-Spectacor hired the sports investment firm Galatioto Sports Partners to review possible sale proposals and evaluate future strategies, which could have included selling the team. Comcast-Spectacor never said which suitors were interested in buying the team, nor did they reveal a potential selling price.
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