Context:
The state of New Jersey is making a serious push to convince the Philadelphia 76ers to move to New Jersey and into a new arena that would be built in Camden, four people familiar with the discussions confirmed to ROI-NJ.
The sources indicated that talks have picked up recently, in part because HBSE’s efforts to build a new arena in Center City Philadelphia have hit repeated roadblocks, despite the fact that the owners have indicated they would self-finance the $1.3 billion proposed project.
The Sixers, whose current lease at the Wells Fargo Center ends after the 2030-31 season, have been looking for a new home for the better part of the past five years.
Opinion: This is a story I didn’t expect to read about, could be nothing of it but the lease ending in a few years is something to keep an eye on.
This reads to me like HBSE is just trying to publicly cause drama to pressure the city to move forward with allowing them to build a new arena in philly.