<div class="quote_poster">Quote:</div><div class="quote_post">JULIUS ERVING: owner? Possibly. The Daily News has learned via a source that Erving, the legendary Doctor J, has put together a group interested in purchasing the 76ers from Comcast-Spectacor. The group, said to have Philadelphia ties, is hopeful of meeting with Comcast officials in the near future, the source said. Erving, 56, who played 11 of his 16 professional seasons with the Sixers and was inducted into the Naismith Memorial Basketball Hall of Fame in 1993, was unavailable for comment. Potential suitors have been advised to deal directly with Galatioto Sports Partners, a New York-based sports investment firm that has been hired by Comcast-Spectacor; they have been required to sign non-disclosure agreements. A group led by Andrew Barroway of the law firm of Schiffrin & Barroway, of Radnor, and including Wayne Kimmel, one of the founders of ETF Venture Funds of King of Prussia, met with Comcast officials last month. Kimmel, via ETF, is an investor in Philadelphia Media Holdings, the owners of the Daily News and Inquirer. The Barroway/Kimmel group is said to have had some informal discussions with Comcast-Spectacor since their meeting. Recent speculation has suggested the asking price for the Sixers could be as much as $450 million, which would be the largest price in league history. As a frame of reference, the Sixers' current ownership spent $130 million to acquire the franchise from Harold Katz in April 1996. Katz bought the team from the late F. Eugene Dixon for about $12 million in July 1981.</div> Source
That would be pretty neat. Cheeks-Malone-Erving all somehow involved. The article reminded me of what an idiot Harold Katz was. We won the title in '83, then had the #1 pick overall the following year (first time that's ever happened), to make a long story short we passed of Brad Daugherty and somehow managed to trade the #1 overall and Moses for scrubs. We would have had a dynasty with Malone and Daugherty in the front court...
<div class="quote_poster">Air Fresh Wrote</div><div class="quote_post">Hopefully if he became the owner he would have heavy influence in front office moves.</div> That`s what I`m really hoping for. Whoever buys this team if they officially go up for sale, I hope they make some serious front office moves and start fresh. I saw on CSN that Will Smith also has an interest in buying the team.
