Found October 19, 2011 on SLAM Online:
It was a busy day for the Philadelphia Sixers’ new ownership group, as they slashed ticket prices, and got rid of their GM. Ed Stefanski, though, could soon have a new gig. From the Daily News: “Yesterday morning, not long before the sale of the 76ers was set to be announced at the Palestra, Stefanski, the Sixers’ general manager, was informed that he was being relieved of his duties. The new ownership group, headed by Josh Harris, had decided to give president Rod Thorn full charge of the duties he and Stefanski had shared last season. Instead of Stefanski going to the place where he played his college ball, he was left uncertain about his future. Stefanski had 1 year remaining on his contract, while Thorn, who was brought in in August 2010, after a dismal 27-55 season, has several years remaining on a hefty contract. Said Stefanski, who came to the team in December 2007: ‘This is the new ownership’s day. I wish them all the best. Having met with Josh and Adam [Aron, the new CEO],...
THE BACKYARD
BEST OF MAXIM
AROUND THE WEB
RELATED ARTICLES

New Sixers ownership group includes Will Smith, Ed Stefanski is out

There is so much Sixers news today you'd think basketball was actually happening this year.  The Sixers sale finally went through and the new ownership group, led by billionaire Joshua Harris, was introduced to the media.  Among those owners is Will Smith and his wife, Jada Pinkett Smith, so that should be fun.The new owners also announced that Ed Stefanski is leaving the organization...
FRESH PRINCE OF PHILLY

Will Smith, Jada 76ers part-owners

Will Smith and Jada Smith are giving Philadelphia a sense of Hollywood. The two are now part-owners of the 76ers franchise.

Off the Dribble: Getting Right to Work, New Sixers Owners Fire Stefanski

The Philadelphia 76ers are under new ownership, and the change is coming in a hurry with the firing of Ed Stefanski as general manager and lower ticket prices announced.

Stefanski Relieved Of Duties As GM Of 76ers

Rod Thorn will remain as 'captain of the ship', while Ed Stefanski's tenure with Philadelphia is over.

Stefanski out as Sixers GM

The Sixers' new ownership group announced that general manager Ed Stefanski will not be back with the team.

76ers' sale approved by NBA owners

The sale of the Philadelphia 76ers to an investment group headed by billionaire Joshua Harris was unanimously approved Tuesday morning by the NBA Board of Governors, the league announced. Financial terms were not disclosed, although reports earlier this summer put the price at $280 million. Harris, David Blitzer and the rest of the group bought the 76ers from Comcast-Spectacor...

Source: Stefanski To Toronto Talks 'Heat Up' Again

Ed Stefanski and Jeff Bower have long been thought of as the finalists for the Toronto GM job, where they would report to Bryan Colangelo.

The Fresh Prince of Bel Air and his wife just bought part of the 76ers

To most of your parents', Will Smith owns the only rap lyric they can reliably relate word for word -- "The Fresh Prince of Bel Air" theme. And because everyone seems to know that Will Smith "born and raised" in West Philadelphia, it makes complete and total sense that he and his wife are members of the latest group to pay way too much for an NBA team. The...

Philadelphia 76ers Find New Ownership

By Payton Wales PHILADELPHIA -- The Philadelphia 76ers are under new ownership yet again. Part of which pulls some major weight in Hollywood.  Will Smith, one of Philadelphia’s finest, has invested in the new ownership group as a minority shareholder. Smith is one of several recent high-profile artists to get involved in an NBA franchise, Jay-Z and Usher Raymond being a few...

Sixers Ownership: Ticket Prices to be Reduced

It didn’t take long for the new Philadelphia 76ers ownership group to announce some big changes. According to Philly.com, a significant number of single-game tickets will undergo a price reduction. The changes—which also include a new team marketing campaign of “Passionate. Intense. Proud.”—are as follows: “The Sixers announced lower single-game ticket prices for the...

76ers officially sold to new owners

PHILADELPHIA (AP) - The Philadelphia 76ers are under new management.The deal to sell the Sixers to a group led by New York-based leveraged buyout specialist Joshua Harris has been completed. The Sixers are holding an 11:30 a.m. press conference Tuesday to introduce the owners. The sale ends Comcast-Spectacor's 15-year run ...
Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.