The Philadelphia 76ers have reached an settlement with Philadelphia mayor Cherelle Parker on plans to construct a brand new enviornment in Middle Metropolis. The $1.5 billion proposed enviornment now wants backing from Metropolis Council to get ultimate approval.
Within the video, Parker claimed the sector proposal is “the very best monetary deal ever entered into by a Philadelphia mayor for a neighborhood sports activities enviornment.” She stated she believes constructing the sector in Middle Metropolis is the “proper deal for the folks of Philadelphia.”
The Sixers stated in a press release, “We’re grateful to Mayor Parker and her group for his or her time and diligence in evaluating our proposal and stay up for advancing to the following steps with Metropolis Council.”
The group’s lease on the Wells Fargo Middle, owned by Comcast Spectacor, ends in 2031. The Sixers have obtained curiosity to relocate to New Jersey if an enviornment deal in Philadelphia could not be reached.
