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Sixers Sale Finally Complete

Jul 13, 2011, 6:38 PM EDT

A deal to sell the Sixers to a group led by billionaire investor Joshua Harris appears to be complete.

After weeks of speculation, the sale of the Philadelphia 76ers to a group lead by billionaire investor Joshua Harris is now complete. His statement:

“We are honored to have the opportunity to be affiliated with this
storied franchise,”  Harris said in a statement.  “As a basketball fan
who attended college in Philadelphia, and with family roots here, I have
always felt a strong connection to this City and the 76ers.  We look
forward to helping the 76ers organization build on this past season’s
accomplishments in the years ahead.  The ownership group also looks
forward to a long and mutually beneficial relationship with
Comcast-Spectacor.”