The 76ers are proposing to give the land to the city, and lease it back from the municipal government. That would make the property exempt from real estate taxes that fund city services and schools.
The Origins of All 32 NHL Team Names mentalfloss.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mentalfloss.com Daily Mail and Mail on Sunday newspapers.
The Flyers' 1974 Stanley Cup win through the eyes of Sign Man inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.