Find out who owns the Philadelphia 76ers, the owner's net worth, source of wealth and ownership history of the franchise.
The Philadelphia 76ers, often called the Sixers, are a household franchise in the NBA based in Philadelphia, Pennsylvania, and are part of the Eastern Conference Atlantic Division.
The Philadelphia 76ers have won three NBA championships.
Who owns the Philadelphia 76ers?
The Philadelphia 76ers is owned by Harris Blitzer Sports & Entertainment (HBSE), led by Josh Harris and David Blitzer.
Philadelphia 76ers ownership structure
HBSE is a holding company that specialises in the investment of sports franchises and operates and manages sports arenas.
Josh Harris
Joshua Jordan Harris is an American investor and sports franchise owner.
Josh is the co-founder of Apollo Global Management, a private equity firm and managing partner of the Philadelphia 76ers of the NBA, the Washington Commanders of the NFL, a general partner of Crystal Palace in the Premier League and a minority owner in Joe Gibbs Racing. He has a net worth of $10 billion, according to Forbes.
David Blitzer
David Blitzer is an American investor and owner of sports franchises. He is a managing partner of the New Jersey Devils (NHL) and the Philadelphia 76ers (NBA) and is the chairman of Blackstone's tactical opportunities division.
Blitzer also manages other soccer clubs under Global Football Holdings and is a minority owner of the MLB franchise the Cleveland Guardians and the NFL. His net worth is estimated to be $2 billion.
David J. Adelman
David J. Adelman is an American businessman, entrepreneur, CEO of Campus Apartments and the co-founder of FS Investments and the founder of Darco Capital.
Adelman is a limited partner of Harris Blitzer Sports & Entertainment. His net worth is around $2 billion.
Club Net Worth & Valuation
According to figures from Forbes, the Philadelphia 76ers are valued at $4.6 billion.
Club Ownership History
The Philadelphia 76ers franchise was founded in 1946 as the Syracuse Nationals. It was purchased and relocated to Philadelphia in 1963 and rebranded as the 76ers.
Comcast Spectacor owned the franchise until 2011, before HBSE took over.
Trophies and Achievements
The Philadelphia 76ers have won three NBA championships.