June 26, 2014 |
All the 76ers had to do on that June day in 1986 was use the first overall pick on the consensus best player available and they surely would have been back in the conversation as a championship contender for the next three or four years. All they had to do was select North Carolina's Brad Daugherty, a 7-foot center who would have guaranteed that the Sixers had an inside scoring and rebounding presence even when a sweat-soaked Moses Malone was seated on the bench. "Select Daugherty!"
December 7, 2012 |
Sixth in a series of 25 THE SETUP: The Sixers were coming off a 6-year freefall in which their victory total dropped each season. The franchise was on life support and it needed an infusion of vitality. Enter Pat Croce. WHEN IT came to being a pro sports franchise president, Pat Croce was a neophyte. Oh sure, he proved that he was one hell of an entrepreneur, turning his physical therapy business into a $40 million pay day. But his strengths were his boyish charm, his charisma and his persistence.
May 13, 1998 |
Harold Katz sees Kevin Garnett, of the Minnesota Timberwolves, holding a six-year contract extension worth $21 million a season and smiles. If Garnett, who has completed two seasons in the NBA and has never won a playoff series, is worth that in today's bloated NBA market, what would Moses Malone have been worth to the 76ers in 1982-83? "I look at Garnett, and you tell me if that's insanity," said Katz, the former owner of the Sixers. "Moses, one of the great scorers and rebounders of all time, vs. a kid who has played two years who's getting 10 times the money?
July 27, 1996 |
Former 76ers owner Harold Katz has lent his money and his name to a new $100 million venture-capital fund expected to start formal operations in September. Katz, who sold the Philadelphia basketball team for $120 million in March, is not the only investor in the H. Katz Capital Group, said Brian J. Siegel, a lawyer who will be the vice president and treasurer. The fund will concentrate on investments in the consumer goods, retail, food and health-care industries. The venture-capital firm, incorporated last month, will be based in Southampton.
April 9, 1996 |
Jayson Williams and Armon Gilliam, two of the six New Jersey Nets who spent portions of their careers with the 76ers, remember Harold Katz as the owner who never stopped trying. "[Katz] had buzzard's luck," Williams said before the Sixers squeezed past the Nets, 82-79, last night. "He couldn't kill nothin', and nothin' would die. " Katz, the Sixers' owner since July 1981, sold the franchise several weeks ago to entrepreneur Pat Croce and Comcast for what was believed to be $147 million.
March 20, 1996 |
For Ed Snider, Pat Croce and Comcast it was the best of times. For Harold Katz, except for the cash, it was the worst of times. Like Charles Dickens' masterpiece, "A Tale of Two Cities," the packaging and sale of the 76ers, the Flyers, the CoreStates Center and the CoreStates Spectrum was two stories. One was trotted out before a jam-packed news conference in Ovations at the CoreStates Spectrum yesterday; the other developed out of public sight over a period of months. There was Croce, 41, the onetime strength and conditioning coach for the 76ers, letting out a war whoop and reveling in his position as president and minority owner of the basketball team.
March 20, 1996 |
Harold Katz had been beaten down. Yesterday, across the dais at the Ovations club in the Spectrum, the other big players in the deal by which the 76ers change hands were smiling. Valued in the neighborhood of a half-billion dollars, the deal brings the Flyers, the CoreStates Center, the Spectrum and the 76ers under the ownership of Comcast. There were not enough necks to hug or backs to pat in the room. Optimism and new beginnings were the order of the day. Not for Katz. No, for the son of a South Philadelphia grocer who bought the 76ers in 1981 for $12 million, the occasion was a grim one. "This is a very sad day for me," Katz said when it was his turn to speak.
March 18, 1996 |
They love Harold Katz out in Phoenix. Sure they do. The 76ers' owner sent Charles Barkley to the Suns. They love Katz in East Rutherford, N.J. Why not? In separate trades, he sent Jayson Williams and Shawn Bradley to the Nets, and granted free agency to Armon Gilliam, which allowed him to land in the Meadowlands, too. They love Katz down in Orlando, Fla. When he had the chance, he used the No. 2 pick in the 1993 NBA draft to take Bradley rather than Anfernee Hardaway.
March 18, 1996 |
The $500 million mother of all sports deals was quietly set in motion by Ed Snider, who, sources said, is looking forward to the day when he no longer will have an ownership interest in the Flyers, the CoreStates Spectrum or the under-construction CoreStates Center. "Ed is 63 now, and he has a young family that he wants to spend more time with," said a source who asked not to be identified. "That's why he concocted this whole deal. He wants out. Like a lot of other owners, he's disgusted with the way things are going, with player contract demands, and he knows it's not going to get any better.
March 16, 1996 |
Charles Barkley grudgingly had to decline an invitation to be a presenter at the March 25 Academy Awards, which are inconveniently sandwiched between two Phoenix Suns games. And not even the inimitable Barkley would have considered last night's first-half performance - 3-for-9 shooting, eight points - worthy of any type of award. The second half, maybe. Barkley finished with 29 points and 12 rebounds, torturing the 76ers one more time in a 128-102 blowout. That, sadly, represents the most points scored by an opposing team this season.