JOURNAL ARTICLE

New Jersey Wants NBA's 76ers to Move From Philadelphia to Camden.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Cattan, Nacha; Adler, Maxwell 3 of 3

Abstract

New Jersey is making efforts to persuade the Philadelphia 76ers basketball team to relocate to Camden, offering a proposed mixed-use complex on a former prison site near the Delaware River. The state's governor and economic development agency have sent a letter to the team's owner, detailing the offer. The project would be self-financed by the team's owner but would include government incentives, and would feature an arena as well as commercial, residential, and retail development. The team's plans to build a new downtown arena in Philadelphia have faced opposition from locals and Comcast, the owner of their current arena. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/09, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2024
  • Accession Number:179413185
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