Philadelphia mayor strikes a deal with the 76ers to build a new arena downtown

The Philadelphia 76ers have a new teammate in their bid to build a new $1.3 billion arena downtown. Mayor Cherelle Parker announced on Wednesday a deal with team owners to keep the NBA franchise in town. This decision came despite...

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PHILADELPHIA (AP) — The Philadelphia 76ers have a new teammate in their bid to build a new $1.3 billion arena downtown. Mayor Cherelle Parker announced Wednesday that she has forged a deal with team owners to keep the NBA franchise in town and will send it to city council.

The decision comes despite objections from nearby Chinatown residents and just weeks after New Jersey's governor offered $400 million in tax breaks to build the site across the river in Camden..