New Jersey Governor Murphy proposes $400m tax credit to attract Philadelphia 76ers to Camden.

New Jersey Governor Phil Murphy has proposed a $400 million tax credit to attract the Philadelphia 76ers to Camden, where a mixed-use development is planned. The team's lease at the Wells Fargo Center expires in 2031, and they are also negotiating a $1.3 billion arena in Philadelphia's Chinatown. The 76ers, who have a training facility in Camden, are considering all options. Philadelphia officials, including Governor Josh Shapiro, believe the team should remain in the city.

September 03, 2024
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