Philadelphia is buzzing with shocking news that could reshape the 76ers’ future. The $1.3 billion Market Street arena plan is officially dead. In its place comes a game-changing deal with a billion-dollar powerhouse! This twist throws Philly’s WNBA dreams in a confusing yet positive space and brings forward surprising moves from the NBA Commissioner Adam Silver and NFL Commissioner Roger Stokoe Goodell. Thus, in short, the city’s sports future is taking an unexpected turn.
After quite a bit of consideration and debate, the 76ers are abandoning their much-talked-about Center City arena plan. Sources have initially confirmed the NBA team and Comcast Spectacor will announce a new agreement. It seems they’re setting up to build the arena in the South Philadelphia Sports Complex instead. Meanwhile, Ryan Boyer, head of the Building & Construction Trades Council, revealed the pivot, “We actually get more jobs,” Boyer said. “For the building trades, this is good news.”
The Wells Fargo Center would eventually be demolished, per the supposed plans via media reports, making way for a brand-new arena in South Philly. But that won’t be happening until 2030, as the NBA franchise is signed with the arena. And well, amidst the last reports, the two sides were going to remain in business together for the foreseeable future. However, this latest deal flips the script for the Philadelphia 76ers, Flyers (NHL), and the city’s future. Local fans and businesses are bracing for the impact!
ADVERTISEMENT
Article continues below this ad
Sources are telling me that NBA Commissioner Adam Silver, NFL Commissioner Roger Goodell and Comcast President Brian Roberts have talked the Sixers into staying in South Philly.
Mayor Parker is expected to give a press conference tomorrow at 11 am.
The 76ers Arena backpedal.
— Ernest Owens (@MrErnestOwens) January 12, 2025
Meanwhile, an IBEW Local 98 representative called the new deal with Comcast a “significant win” for the Philadelphia 76ers, Comcast, union members, and the area as a whole. The project will dramatically “enhance and expand” the South Philly Stadium District, delivering a state-of-the-art arena for the 76ers.
On the other hand, Comcast and 76ers reportedly also committed to reviving the Market East corridor, as they still plan to make real estate developments and investments- a vital move for the city. “A $1.3 billion project just turned into a multi-billion development,” they added, ensuring jobs for union members for decades.
Besides, Adam Silver’s meeting with NFL’s Roger Stokoe Goodell and Comcast’s president Brian Roberts has worked wonders for the Sixers who are going to remain in South Philly. Therefore, with the scraping of the new stadium idea and the Philadelphia 76ers remaining at the Wells Fargo Center for now, the city can now focus on its old goal: the WNBA expansion.
Philadelphia 76ers overcome the obstacle to pave the way for a much-awaited WNBA team
During the pandemic, comedian Wanda Sykes teamed up with Mayor Cherelle Parker to bring a WNBA team to Philadelphia, but the bid fell short. Now, with the new Sixers arena nearing, the dream is alive again. Philly is in the running for a team in 2027 or 2028, as the WNBA business model expands. With Parker leading City Hall, the city has never been in a better position to land a women’s pro team. The arena project, which gained key approval last week, could be the game-changer.
Besides, the biggest hurdle of the arena in Center City dropped, and basketball could come home, once again. First, it was the 76ers who were the only team in Philly, but now there are chances that the WNBA could consider giving the city a franchise of its own.
Sources say: “The Sixers and Comcast are planning to join together on a bid for Philadelphia to have a WNBA team as part of their new agreement.” This simply means the bidding wars for the 16th team in the women’s basketball league could turn ‘spicier’.
ADVERTISEMENT
Article continues below this ad
The #Sixers and Comcast are planning to join together on a bid for Philadelphia to have a WNBA team as part of their new agreement, per @Kevin_Kinkead. pic.twitter.com/9wzvjdq0Bs
— Philly Sixers Galaxy (@sixers_galaxy) January 12, 2025
We already have the likes of Jayson Tatum and Patrick Mahomes, eagerly waiting to bring the WNBA to their hometowns. But now that the clouds are clear for the 76ers and Philadelphia, the tables could turn! Well, it will ultimately depend on WNBA Commissioner Cathy Engelbert’s decision. But for sure, the hope isn’t dim anymore!
ADVERTISEMENT
Article continues below this ad
Yes, a lot has happened in the past few hours in Philadelphia.
This move benefits the 76ers and fuels Philly’s long-held WNBA dreams. The city has quickly become a hotspot for sports. New drama is unfolding, and Philly is at the center of it all.
Challenge Your Sports Knowledge!
Solve the puzzle and prove your knowledge of iconic players, terms, and moments.
Debate