NBA, Sixers don’t pack their bags: new 1.3 billion home
The new arena will be financed only by private funds
The news è of the important kind. The Sixers, one of the NBA's most iconic franchises, will remain in Philadelphia. A possible move to Camden, N.J., has been averted. "I found the'agreement with the franchise and, from the bottom of my heart, I believe it is the right thing for the whole cityà of Philadelphia" the words of Cherelle Parker, first citizen of Philadelphia.
The white smoke è was made possible by Cherelle Parker's OK given about the construction of a new arena for the 76ers. The facility will rise in the downtown area of the city and will cost $1.3 billion. A project completely financed by private funds.
The Sixers’ new home will be, unlike the Wells Fargo Center, the current arena where Embiid and teammates play their home games, owned by the franchise. The new arena will beà ready for the 2031/32 season.
It will beà a multifunctional facility with the possibility of also holding concerts and various events during the year. Now there’è nothing to do but wait. Philadelphia is preparing for an innovative and special arena.
