New Jersey Makes The 76ers Ownership An Offer [Video]

The 76ers ownership wants to build an arena in Philadelphia but will listen to New Jersey..

The state of New Jersey has officially entered the stadium game by offering the ownership of the National Basketball Association’s Philadelphia 76ers franchise around $400 million in tax credits and millions more in government-issued bonds to build an arena-village in Camden. Camden is just over the Ben Franklin Bridge from Philadelphia about a four-mile trip. The 76ers ownership already does business in Camden as the team’s training facility is in the New Jersey city. The 76ers ownership group has not dismissed the New Jersey offer. The 76ers ownership has a plan on the table to build an arena in Philadelphia’s Chinatown District but local residents want no part of the venue. The 76ers ownership now has some leverage in negotiations with Philadelphia elected officials in that if you don’t allow us to build the …