76ers officially sold to new owners

Discussion in 'Philadelphia 76ers' started by truebluefan, Oct 19, 2011.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    The Philadelphia 76ers are under new management -- lots and lots of management, that even includes a dose of Hollywood star power.

    New York-based leveraged buyout specialist Joshua Harris and the rest of his nine-person ownership group completed the deal to buy the Sixers from Comcast-Spectacor and wasted little time Tuesday making a splash on their first day in power.

    Ed Stefanski is out as general manager and team president Rod Thorn will assume greater day-to-day control in running the franchise.

    Read more: http://espn.go.com/nba/story/_/id/7...h-part-new-philadelphia-76ers-ownership-group
     

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