Will and Jada Smith Now Part Owners of Philadelphia 76ers

CHANGE MARKET : LOS ANGELES

PEOPLE LIKE THIS ON FACEBOOK

Haute Living Los Angeles March/April 2012

Haute 100 Update: Will and Jada Smith Part of New Philadelphia 76ers Owners Group

by Pauline Sung

The NBA officially announced that the Philadelphia 76ers was sold to a new ownership group to include well-known and proud Philly native Will Smith and his wife, Jada Pinkett Smith.

The new ownership group is headed by 46-year-old billionaire Joshua Harris, who has made his fortune as a leveraged buyout specialist. The sale, which was “unanimously approved” by the NBA’s Board of Governors, was reportedly made for $280 million.

“My partners and I are thrilled to have become owners of the Sixers,” said Harris. “It is an honor to be a part of this storied franchise – we have a lot of work to do but we have a rich history, a strong foundation and a bright future. My partners and I want to thank Ed Snider and the Comcast-Spectacor team for all their efforts to make this outcome possible. As we move forward, we want to build on the team’s momentum and be world class and cutting edge in everything we do.”

The new owners have named Adam Aron, a Philadelphia native and former chairman and CEO of Vail Resorts, CEO of the Sixers.

“Being named CEO of the Philadelphia 76ers is truly a dream come true. Having grown up in Abington, I have always been a fan of this team,” said Aron. “I’m excited about celebrating and building on the extraordinary heritage of the 76ers, the third winningest team in NBA history. We will work tirelessly to make Philadelphia sports fans proud.”

Our Haute 100 list details the accomplishments of the most influential people in each of our markets. To see the entire Haute 100 Los Angeles list, click here.

Oct 20, 2011 3:05 PM

Read 106 Times

Haute 100 Update: Will and Jada Pinkett Smith’s Luxe Malibu Home Featured in Architectural Digest [PHOTOS]

Will and Jada Pinkett Smith, along with their talented kids Trey, Jaden, and Willow, comprise one of Hollywood’s most high-profile families. Recently, the Smith clan was celebrated for their amazing sense of style – and we’re not just talking clothes – by asking to be featured in the upcomin...

by Pauline Sung, Aug 8, 2011 4:49 PM

Haute 100 Update: Will Smith Returns to TV as Producer of a new ABC Comedy

Will Smith is making a return to television – but not as the Fresh Prince. The Hollywood superstar, who gained much of his fame from starring in the popular 1990s sitcom The Fresh Prince of Bel Air, has accepted a producing role in a new ABC comedy he and his wife Jada Pinkett-Smith just recently ...

by Pauline Sung, Oct 10, 2011 10:59 PM

Haute 100 Update: Will Smith in $50M Negotiations for Two ‘Independence Day’ Sequels

Two back-to-back Independence Day sequels are currently in the works, and star of the 1996 original Will Smith is on board – for a steep price. The actor is reportedly asking $50 million to sign up for the two sequels, as well as asking that wife Jada and daughter Willow be involved in them as wel...

by Pauline Sung, Oct 31, 2011 5:40 PM

Haute 100 Los Angeles Update: Jada Pinkett-Smith Releasing Family Film “Red Table Talks”

In her new film, Jada Pinkett-Smith sits down with her daughter, Willow Smith, and her mother, Adrienne Banfield-Jones at a round red table to have an intimate family conversation.

by Beatriz de la Roche, May 3, 2012 11:24 AM

Haute 100 Update: Will Smith and DJ Jazzy Jeff Reunite in the Studio for some New Music

Will Smith – also nostalgically known as The Fresh Prince – and DJ Jazzy Jeff are back at it again! After first hitting the scene in the late 80s, the duo is once again reuniting in the studio to work on some new music.

by Pauline Sung, Oct 16, 2011 5:00 AM

Haute 100 Update: Will Smith Reunites with Tommy Lee Jones for ‘Men in Black III’

Actor Will Smith is making a comeback as his beloved character Agent J in the upcoming sequel Men in Black III. The movie will find Smith once again reunited with his MIB franchise co-star Tommy Lee Jones, who will be returning to play Agent K.

by Pauline Sung, Nov 30, 2011 11:46 AM

Haute 100 Los Angeles Update: Will Smith is Back in Black

Will Smith is back on the Silver Screen today as the iconic Agent J in ‘Men in Black 3.’

by Pauline Sung, May 26, 2012 8:33 AM

Haute 100 Update: Jennifer Aniston Tops Multiple ‘Best Body’ Polls

Looks like Hollywood's sweetheart Jennifer Aniston has the body most wanted by both men and women. According to a new poll conducted by Yahoo and Fitness magazine, the 42-year-old actress beat out contenders like Halle Berry and Kim Kardashian to come out on top with Hollywood’s best body.

by Pauline Sung, Oct 26, 2011 6:25 PM

Jaden Smith is Hollywood's Highest Paid Child Actor

Will and Jada Pinket Smith’s family fortune has been kicked up by The Karate Kid. Jaden Smith, only twelve years old, who also co-starred parallel his talented father in The Pursuit of Happyness, was named the highest paid actor in Hollywood, grossing $1 million for his role in the blockbuster fi...

by Susie Wong, Sep 10, 2011 7:13 AM

Haute Event: Ann Sacks To Host Book Signing with Interior Designer Michael S. Smith

Save the Date. On Tuesday, October 18, 2011, Ann Sacks invites guests to a book signing in honor of designer and author Michael S. Smith's newest book.

by Shekinah Johnson, Oct 1, 2011 2:15 AM