Philadelphia 76ers History
Introduction
The Philadelphia 76ers is one of the oldest franchises in the history of the National Basketball Association (NBA). Although ticket sales have declined as a result of recent poor performance, the team has enjoyed moderate success over the years with two championship titles and a loyal fan base who continue to give their seemingly unconditional support. The team is owned by Comcast Spectacor, which has recently been considering selling the franchise in order to net a profit. Comcast would be in a position to receive the market value of the team, which is estimated at $300M, and continued lease payments from the team to remain playing in the Wachovia Center. Analysts speculate increased risk for the team based on the unknown likelihood for the team to sustain their popularity now that Allen Iverson and Chris Webber have departed. The recent rehiring of Larry Brown to a post in the front office has given avid fans and Philadelphians a renewed sense of optimism as to......
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