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Sale of Philadelphia 76ers expected to be completed next week

Oct 14, 2011, 11:00 AM EDT

Next Wednesday and Thursday, the NBA Board of Governors — all of the owners — are going to get together and most of the talk will be about labor deals and revenue sharing.

But there will be one other order of business — approving the sale of the Philadelphia 76ers to Joshua Harris and other investors, reports the Philadelphia Inquirer. That means the owners will vote to do at least one thing during the meeting.

The details of the sale — the Sixers for $280 million, but not the Wells Fargo Center — was worked out months ago but the Board of Governors had not voted to approved the sale yet. They had a couple other things on their plate. They are expected to get around to it next week.

After that the ownership group will make its first public comments, although if the lockout is still in effect (as expected) it will be pretty dull as they won’t be able to talk players or much else on the basketball side of the equation.

  1. thetooloftools - Oct 14, 2011 at 12:29 PM

    The new owners are going to hold up a 76ers jersey with no name on it and the number zero.

  2. gallaghedj311 - Oct 15, 2011 at 9:46 AM

    I don’t think anyone in Philadelphia cares about professional basketball anymore. Cuz and Prof asked the question on 94.1 WIP yesterday during their Friday Five and I didn’t hear a single caller say they would miss the 76ers if when lockout happens

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