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Will Smith And Jada Pinkett Smith Obtain Majority Ownership Of Philadelphia 76ers

Thursday is a big day for NBA basketball fans in the city of Philadelphia. SSNN (Sixer Sense Sport Network, yes, we have one) has learned that a press conference called for Thursday morning at the Palestra by the Sixers will introduce their new majority ownership led by Will Smith and wife Jada Pinkett Smith, one of Hollywood’s distinguished and most glamorous couples, and replacing the now minority interest owner multi-billionaire Joshua Harris.

Josh Harris, long-time majority owner and leading financier for the purchase of the Philadelphia 76ers which happened on October 18,2011. Harris, who went to the Wharton School of Business at the University of Pennsylvania, led a group of investors such as include David Blitzer, who will continue on in the capacity of Co-Managing Owner and an Alternate Governor of the NBA, CEO Adam Aron who will also serve as an Alternate Governor of the NBA, Martin Geller, David Heller, Travis Hennings, James Lassiter, Marc Leder, Jason Levien, Michael Rubin, new majority owners Will Smith & Jada Pinkett Smith, Handy Soetedjo, Erick Thohir and Art Wrubel, all of whom had made personal investments in the team.