Spearheaded by billionaire Joshua Harris, a group of investors purchased the Philadelphia 76ers from Comcast-Spectacor for $280 million. Now that the sale has officially been approved by the league, more details have come forth, including the news that Will Smith and Jada Pinkett Smith have officially bought stake in the team. Will was born in the Wynnefield community in Philly and attended Overbrook High School.
Read Will & Jada’s statement after the jumpMy partners and I are thrilled to have become owners of the Sixers. It’s an honor to be part of this storied franchise. We want to build on the team’s momentum and be world class and cutting edge in everything we do.