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 * Philadelphia 76ers


76ERS IN CAMDEN? NEW JERSEY FLOATS $400 MILLION IN TAX BREAKS TO LURE TEAM AWAY
FROM PHILADELPHIA

By6abc Digital Staff and Chad Pradelli
Wednesday, September 4, 2024 11:39PM
 * 
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The mayors of both Philadelphia and Camden are speaking out after the state of
New Jersey put together an offer to have the 76ers move across the Delaware
River.


CAMDEN, New Jersey (WPVI) -- Seeking to lure the Philadelphia 76ers across the
river, New Jersey is offering up to $400 million in tax credits and outlining
plans for a sprawling mixed-use waterfront development.

In a letter dated Monday, Democratic Gov. Phil Murphy's administration said it
envisioned a multibillion-dollar plan in the city of Camden featuring
residential, commercial and retail properties, with the Sixers as an anchor.

The proposed site would be right next to the Benjamin Franklin Bridge.

RELATED: Findings released for 4 impact studies on proposed 76ers arena in
Center City

Findings released for 4 impact studies on proposed 76ers arena in Center City

The pitch from Economic Development Authority CEO Tim Sullivan comes as the team
and Philadelphia negotiate over a future $1.3 billion arena the team had
announced for the city's Chinatown neighborhood. The team has said it doesn't
plan to stay at the Wells Fargo Center past 2031 when its lease is up.



Read the full letter here.

The Sixers, which already have a training complex and headquarters facility in
Camden, called New Jersey's offer "thoughtful and compelling," though the team
is still talking to Philadelphia leaders about a new arena in the city.

"The reality is we are running out of time to reach an agreement that will allow
the 76ers to open our new home in time for the 2031-32 NBA season," team
spokesperson Molly Mita McEndy wrote in an email. "As a result, we must take all
potential options seriously, including this one."

Philadelphia Mayor Cherelle Parker wouldn't comment on New Jersey's proposal on
Wednesday but made her message clear.

"The place for all Philadelphia teams is to be right here in Philadelphia, and
that is a priority for me as mayor," Parker said.



Camden Mayor Victor Carstarphen is in full support of the plan, calling it a
"generational investment."

"To me it would be a tear jerking moment, coming from a man who grew up in the
community," he said Wednesday.

Nearby business owners mostly applauded the vision.

"I think it would be great thing. Sixers coming here would draw a tremendous
amount of people into the area," said Peter Toso of NY Pizzeria.

"It would definitely bring a lot of people into town, more publicity, and I
think it would be great for the community," said Erving Jones of Camden City
Wellness.



SEE ALSO: Delaware governor calls on Philadelphia 76ers to open new arena in
Wilmington

At an unrelated event in suburban Philadelphia on Tuesday, Democratic Gov. Josh
Shapiro said the team wants to remain in Philadelphia and that he hasn't been
asked for tax incentives or offered any.

"I love the Sixers," he said. "They belong in Philadelphia."

The team's move to Chinatown comes as some in the community worry that street
parking could disappear, traffic could rise and it could be harder to hold
festivals.

The Save Chinatown Coalition released a statement on Wednesday saying recent
polling data from voters show more than half of all residents here in the city,
not just in Chinatown, are opposed to the arena on Market.



ESPN and The Associated Press contributed to this report.

Report a correction or typo
Copyright © 2024 WPVI-TV. All Rights Reserved.


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