• Loading stock data...
Thursday, February 5, 2026

Sixers’ $1.5B Arena Plan Gains Key Support, but Faces Fierce Opposition

  • Local opposition is still fierce toward a proposed $1.55 billion downtown venue.
  • An option remains for the NBA team to stay in the south Philadelphia sports complex.
Bill Streicher-Imagn Images

The 76ers’ push to build a downtown arena has never been easy or straightforward, and even with a new dose of support from Philadelphia mayor Cherelle Parker, an uphill path still awaits the NBA team. 

Parker announced Wednesday a new agreement between her administration and the 76ers to develop a $1.55 billion arena in Philadelphia’s Center City, codifying to some degree more than two years of planning by the team to construct their own facility. The agreement also appears to end, at least for now, a rival effort by New Jersey to bring the team across the river to neighboring Camden, though officials there are vowing to still make their case to the 76ers.

“This is a historic agreement,” Parker said in a video address. “It is the best financial deal ever entered into by a Philadelphia mayor for a local sports arena. I wholeheartedly believe it is the right deal for the people of Philadelphia.”

The 76ers, not surprisingly, cheered the mayor’s moves.

“We are grateful to Mayor Parker and her team for their time and diligence in evaluating our proposal and look forward to advancing to the next steps with the city council,” the team said in a statement.

Just the Start

The proposed development, however, indeed must still move through the Philadelphia City Council, and approval there is far from assured. Opposition to the downtown arena proposal remains fierce in the local Asian American community, which protested the mayoral agreement in front of City Hall on Wednesday. 

That sentiment could very well influence what happens when the council takes up the issue, something expected to happen this fall. Most of the 17-member council has yet to take a public position on the arena. Philadelphia’s Chinatown is about a block from the proposed arena location, and concerns there have run the gamut from traffic to potential gentrification and the forcing out of incumbent ethnic communities. 

“Mayor Parker still hasn’t met with Chinatown after all this time, yet feels she can have a stance on whether our community should live or die,” said Debbie Wei, a longtime Chinatown activist. “This was never about one person, and this fight is far from over. We are going to fight this, and we are going to the mat. It’s on.”

Eagles legend Jason Kelce, meanwhile, went on WIP-FM on Thursday and similarly criticized the proposal and 76ers ownership, Harris Blitzer Sports & Entertainment. 

“I prefer [the team] stays in south Philly, unquestionably,” Kelce said. “They’re strong-arming the city. What do you do? Do you risk losing the Sixers? It just sucks.”

No Change in South Philadelphia

Comcast Spectacor, owner and operator of Wells Fargo Center where the 76ers currently play, is maintaining its stance regarding the team. An offer has long stood for the team to stay in the existing south Philadelphia sports complex after the current lease expires in 2031. Executives for Comcast Spectacor, which also owns the NHL’s Flyers, have also proposed an equal partnership with the 76ers on a new arena in the existing sports complex that would house both the basketball and hockey teams.

As that offer has remained, both Comcast Spectacor and HBSE have also sought to fortify their respective arena development efforts in recent months. HBSE has shown no interest in staying at Wells Fargo Center, but Comcast Spectator is still making overtures.

“Regardless of the outcome of the city’s negotiations with HBSE, our door will always be open for the 76ers to join us in south Philadelphia if they ever conclude that is what is best for their team,” said Dan Hilferty, Comcast Spectacor chair and CEO. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 18, 2024; Miami, Florida, USA; Philadelphia 76ers center Joel Embiid (21) looks on against the Miami Heat during the third quarter at Kaseya Center.

NBA Fines Sixers—Again—Over Joel Embiid Injury Handling

Embiid has only played in seven games this season.
Jul 13, 2025; East Rutherford, New Jersey, USA; FIFA president Gianni Infantino and President Donald Trump carry the FIFA Club World Cup trophy during the presentation after the final of the 2025 FIFA Club World Cup at MetLife Stadium.

Trump-MBS White House Dinner Showcases Saudi Sports Influence 

Attendees included Ronaldo, Bryson DeChambeau, and the owner of the 76ers.

Frozen Frenzy Ratings Climb 20% Despite Scheduling Complaints

The hockey event posts a 20% viewership bump, despite World Series competition.

Featured Today

NFL: Super Bowl Field Standards Won’t Repeat Previous Slip-Ups

An elevated set of field standards is already showing benefits.
February 1, 2026

Australian Open Attendance Boom Fuels Ambitions, Fan Frustrations

Despite rising fan complaints, event organizers are thinking much bigger.
February 4, 2026

Manfred, DeSantis Support Rays Stadium, Funding Questions Persist

Hillsborough County, Fla., enters a “framework” to negotiate with the team.
Sponsored

From Kobe Bryant to Tom Brady: Mike Repole’s Billion-Dollar Playbook

Mike Repole shares an inside look into building brands & working with star athletes.
January 29, 2026

Royals Stadium Plans Hit Suburban Dead End, Push Back Downtown

Two more suburban options have been eliminated in the long-running site search.
January 27, 2026

NFL Stadium Designers Battle to Win $3B Chiefs Project

The NFL team is choosing between two locally based firms to design its stadium.
January 21, 2026

Rays Stadium Saga Clears Hurdle Toward New Tampa Development

The MLB club makes a major step toward a Tampa-based ballpark.
Jan 18, 2026; Chicago, IL, USA; Chicago Bears safety Kevin Byard III (31) breaks up a pass intended for the Los Angeles Rams during the second quarter of an NFC Divisional Round game at Soldier Field.
January 20, 2026

Brian Urlacher Slams Idea of Bears Inside As Six NFL Teams Plan..

“I’m not a fan at all.”