Rumors

The Detroit and Cleveland teams will play at the NBA arenas that currently exist, while Philadelphia is planning on a new building that will be completed hopefully by 2030. "We tell the city it's going to open in 2031. We're hoping for 2030," said Harris Blitzer Sports & Entertainment Managing Partner and co-founder Josh Harris, who owns the 76ers. "So we're trying to underpromise and overdeliver. But, right now it's 2031, so that we have a year gap, you know. We've got the Xfinity center, the Wells Fargo, they'll play there."

ESPN

Josh Neubeck: Daryl Morey on a previous report that he had to overrule Josh Harris to sign Joel Embiid to his extension: "I think that's a lack of understanding of how things work in this league" Said it required a big group decisionmaking process, like any other big franchise decision

bsky.app

The Boston Celtics have agreed to be sold to private equity investor Bill Chisholm for an initial $6.1 billion, with the the final valuation to reach $7.3 billion, Axios has learned from sources familiar with the situation. Why it matters: This is the most ever paid for a professional sports team, topping the $6 billion that Josh Harris paid in 2023 for the NFL's Washington Commanders. It's made even more remarkable because the Celtics don't own their own arena and have one of the league's highest payrolls. Zoom in: The deal is split into two parts. The initial purchase this summer of a majority stake is at the $6.1 billion valuation, but the rest is expected to be valued at a whopping $7.3 billion.

x.com

The Celtics ownership group has agreed to sell the team to William Chisholm, managing director and co-founder of Symphony Technology Group, for a record $6.1 billion, a league source told the Globe on Thursday. The sale is pending approval by the NBA Board of Governors. The sale is the highest sum paid for a North American sports team in history, surpassing the $6.05 billion Josh Harris paid for the NFL’s Washington Commanders.

Boston Globe

Shams Charania: "This all came to a head over the last couple of weeks, specifically, what I'm told, Joel Embiid went directly to 76ers' owner Josh Harris about the state of his knee, and about where the realization he's at with what's the best interest for him and the organization as far as a potential shutdown… Because remember, Josh Harris owes Joel Embiid up to 300 million over the next five seasons. So, the backdrop to all this is that over the last month we've seen fundamental differences between Joel Embiid and the 76ers as far as Embiid believing that he needs a different treatment approach for this versus the 76ers feeling ‘you play on it, get in better condition, and you can continue on this year’. This has been a situation the 76ers have been dealing with all season and they managed the swelling in multiple different ways, including injections monthly just to get him on the court. But here they are in lockstep. This is all about getting Joel Embiid back on the court in the best, sustainable way. And they are in lockstep about that."

YouTube

Mike Vorkunov: 76ers ownership put in an official bid with the WNBA for a WNBA expansion team, a Harris Blitzer Sports & Entertainment spokesperson confirmed. 76ers originally announced intent to bring W team to Philly in a press conference weeks ago w/ Josh Harris, Philly mayor & Comcast CEO.

Twitter

New Jersey Governor Phil Murphy and his economic development agency on Monday sent a letter detailing the offer to Harris Blitzer Sports & Entertainment, the owner of the National Basketball Association franchise. The firm was created by David Blitzer, a senior executive at Blackstone Inc., and Josh Harris, a co-founder of Apollo Global Management Inc.

Bloomberg

Austin Krell: The Sixers have officially signed Tyrese Maxey to his rookie-scale extension. Statements from Josh Harris and Daryl Morey, via press release: pic.twitter.com/IrKZqr9GVY

Twitter

George and his agent, Aaron Mintz of CAA, met with a 76ers contingent including owner Josh Harris, president of basketball operations Daryl Morey, GM Elton Brand and Sixers legend Julius Erving in Los Angeles, sources said. The Sixers even brought a front office executive, Peter Dinwiddie, who is a familiar face and friend of George's from their years together with the Indiana Pacers, sources said.

ESPN

Sean Barnard: So it seems like the story is that Joel Embiid was in the building for the NBA Finals with Josh Harris and ran into Tim Bontemps. Tim told Joel that Paul George was on the pregame show and Joel said he would go on too without an invite That totally rocks. Well done Joel pic.twitter.com/Sd6R40DHxc

Twitter

Keith Pompey: #Sixers ownership Josh Harris, David Blitzer, and David Adelman, alongside Fanatics CEO Michael Rubin, are teaming up to purchase and distribute more than 2,000 tickets to Sixers fans to Game 6, per a Sixers spokesperson. The tickets will be distributed to first responders, health care professionals, community groups, and other local Philadelphia-based organizations to harness the intensity and excitement for tomorrow’s crucial showdown with the New York Knicks.

Twitter

Austin Krell: The Sixers' extension with Daryl Morey is official, per release. “Daryl is one of the best front office executives in sports and I greatly value his leadership," Josh Harris says. Statement from Morey: pic.twitter.com/xeq8fgjZeV

Twitter

Brandon "Scoop B" Robinson: James Harden-Clippers-76ers trade timeline per source: Thursday: NBA tells Sixers they are investigating why Harden was kicked off team flight and wasnt playing in national TV game Friday: NBA tells Sixers to rectify Harden situation ASAP. Friday night: Morey restarts negotiations with Clippers. Saturday: Clippers GM plays hardball and wants more than Harden from Sixers Saturday Night/Sunday morning: Other NBA owners complain to Josh Harris to stop obsessing over his NFL team and pay attention to his NBA team. Sunday: Morey submits counteroffer Sunday night: NBA talks to Steve Ballmer to see if Clippers interest in Harden is legitimate Monday: Sixers owner and Clippers owners instruct their GMs to get dee Al done. Monday night: Woj is alerted that deal is "almost done" and Woj doesn't board his flight to LA so he can be first to break story. At 2am, Sixers and Clippers agree to deal, Woj is kicked out of airport lounge since he missed his flight and he goes home. Morey goes to bed around 4am EST

Twitter

Embiid trusts Morey and managing partner Josh Harris, according to a league source. He also feels a loyalty to the organization for the way they supported him during the early trials of his career. But as Robert Frost once said, nothing gold can stay. Presently, Embiid is where he wants to be and he’s gearing up to play with Maxey and the rest of the group Morey assembles. He’s genuinely excited to play for new head coach Nick Nurse, per a league source. The non-Harden vibes with the Sixers as a whole are actually good.

LibertyBallers.com