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Sixers Sale Imminent


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Philadelphia 76ers owner Comcast-Spectacor is in talks to sell the team to a group led by New York-based leveraged buyout specialist Joshua Harris, according to sources.

 

Negotiations are ongoing and a source with knowledge of the talks called a deal "imminent."

 

http://www.libertyballers.com/2011/6/7/2211264/philadelphia-sixers-sold-sixers-for-sale-deal-imminent

 

 

Blah. I don't like the sounds of this, but who knows. I am willing to give Harris a chance, since really, I know nothing about him, but early indications are that he is viewing the team as strictly an investment. And I never really bought into the whole "Ed Snider doesn't care about basketball" thing. We'll see. Plenty more to come of this story, I am sure.

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