A Philadelphia 76ers official confirmed Tuesday that the franchise's leadership is in talks regarding the future of the franchise after a report suggested a sale of the team to New York-based investor Joshua Harris was imminent. Kate Fagan of the Philadelphia Inquirer reports that in a statement Sixers chief operating officer Peter Luuko confirmed that talks about the franchise's fate are underway.
"I can confirm that we are in discussions about the future of the team, but these discussions are confidential and we cannot talk about the details. At some point, we may have something more to say about these discussions, but we will not be making any comments at this point."
ESPN's Henry Abbott reportedly early Tuesday that Harris and a team including former Sacramento Kings assistant general manager are leading a group attempting to buy the Sixers from Comcast. The Sixers were never reported to be for sale, though chairman Ed Snider has sought to cut costs amid disappointing performance and attendance in recent years.