#WillSmith & #JadaPinkett are now the majority owners of the 76ers! #VIBE reported that a press conference was held in which the Hollywood couple was introduced as the now majority owners of the beloved NBA team, replacing now minority-interest owner multi-billionaire Joshua Harris.
The NBA Board of Governors unanimously approved the transfer of majority stake over to The Smiths. In a brief statement, Harris thanked the Hollywood power couple for leading the franchise into the future.
The team was originally purchased by Harris’ group for anywhere between $270 and $290 million, with a now estimated value of $700 million, the amount of money exchanged for the Smith’s to be majority owner is somewhere between $250 million.
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