November 1, 2012 |
Right on schedule. That's how Joshua Harris, 76ers managing owner, views the franchise he purchased in 2011 on the eve of the 2012-13 season. "When I purchased the team, I said that my goal was to bring a championship team to the city of Philadelphia," Harris said via phone Monday night. "We made some changes and some upgrades in the offseason, and I think we are on track to do that. Obviously this isn't going to happen overnight. But I like the direction we're headed. " Harris extended coach Doug Collins' contract through next season.
July 14, 2011 |
Comcast-Spectacor reached an agreement Wednesday to sell the 76ers to a group of investors led by New York billionaire Joshua Harris. The deal, first reported as being in the works just over a month ago, is pending approval by the NBA's board of governors. No difficulties are expected regarding the NBA's approval of the sale. Although terms of the agreement were not disclosed, the deal is for 100 percent of the Sixers for approximately $280 million, possibly slightly more.
August 2, 2011 |
Maybe we've found Joshua Harris' weakness: He doesn't have much of an outside shot. He's competitive, aggressive, strong going to the basket, solid defending, but perhaps can be allowed a little room on the perimeter. Harris, head of the investment group whose ownership of the 76ers is pending approval by the NBA board of governors, seems like a man with few weaknesses: He's a billionaire, a respected businessman, a family man, and an athlete - not necessarily listed in order of importance.
June 8, 2015 |
THE 76ERS' NEW practice facility on the Camden waterfront will be be "biggest, largest and best practice facility in the history of the NBA," Sixers CEO Scott O'Neil told a packed room at the Chamber of Commerce of Southern New Jersey in Voorhees, N.J., yesterday morning. O'Neil was there talking to business leaders to outline construction of the facility, which is due to be completed in August 2016. The project, announced last June, comes with $82 million in tax credits from the state and will allow the Sixers to move practice out of the Philadelphia College of Orthopedic of Medicine on City Avenue.
March 5, 2016 |
Old money, smart money-management, success in the entertainment world, creative inventions or young hustlin'. That's what it takes to bank billions. Forbes magazine has released its 30th annual ranked list of the richest people on the planet, and counted 1,810 billionaires globally, down from last year's record of 1,826. Altogether, they have $6.48 trillion, down $570 billion from last year. Bill Gates remains the richest person in the world, with a net worth of $75 billion, Forbes found.
September 29, 2011
An NBA source has told the Daily News that the 76ers have hired Jeff Capel Sr. as an assistant coach. Capel, who will turn 58 in January, was the head coach at Old Dominion from 1994 to 2001 and at North Carolina A&T (1993-94) and Fayetteville State (1989-1993). Capel is the father of Jeff Capel Jr., who starred for Duke from 1993-97. The younger Capel was a teammate of Chris Collins, son of Sixers coach Doug Collins. The hiring won't be made official until the NBA Board of Governors approves the sale of the Sixers to a group headed by Joshua Harris.
July 7, 2011
Bloomberg reported Thursday that the 76ers are likely to be sold to a group led by Joshua Harris in the "next few business days. " According to people familiar with the negotiations, Harris, the director at Apollo Global Management LLC, will pay about $280 million for the team. Bloomberg said it granted anonymity to two sources because they weren't authorized to discuss the sale publicly. Comcast-Spectacor, the holding company that owns the Sixers, confirmed a month ago that it was exploring a sale.
April 28, 2013 |
The 76ers are set to announce the acquisition of an NBA Developmental League team that will play in Delaware. Majority owner Joshua Harris, speaking for the first time since accepting the resignation of former coach Doug Collins, will be joined at a news conference on Saturday on the campus of the University of Delaware along with NBA Development League president Dan Reed to make the announcement. University president Patrick T. Harker will also be in attendance. Harris and Reed will also be joined by U.S. Sens.
July 14, 2011 |
The sale of the 76ers from Comcast-Spectacor and Ed Snider to an investment group led by billionaire Joshua Harris was completed yesterday, pending NBA approval and closing procedures. Here are snapshots of the four members of the group who have been publicly identified: JOSHUA HARRIS The 46-year-old billionaire and graduate of the University of Pennsylvania's Wharton School is a senior managing director at Apollo Global Management, a New York-based investment firm that went public in April, has assets valued at $70 million and specializes in leveraged buyouts.
October 18, 2011 |
IT APPEARS all the t's have been crossed and all the i's dotted, and now there will be a formal announcement that the 76ers sale has been completed. Last week, the NBA Board of Governors approved the sale of the team by Comcast-Spectacor to a group led by billionaire Joshua Harris, co-founder of Apollo Global Management. Harris grew up in the Philadelphia area and graduated from the Wharton School of Business. Today at the Palestra, the group will be introduced to the media at an 11:30 a.m. news conference.