NHL News
NEWS: Devils Owners Helping Build New Flyers Arena
Harris Blitzer Sports & Entertainment group, owner of the New Jersey Devils & Philadelphia 76ers, will help build the new Philadelphia Flyers arena.

On Monday morning, it was revealed that the NHLs Philadelphia Flyers and NBAs Philadelphia 76ers are building a new home. As part of the announcement, it was revealed that the Harris Blitzer Sports & Entertainment (HBSE) group—owners of the New Jersey Devils and 76ers—are helping fund the future “world-class” arena.
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HBSE is in agreement with Comcast Spectacor to split the funds of the project.
According to the press release, “Harris Blitzer Sports & Entertainment (HBSE) and Comcast today announced that HBSE and Comcast Spectacor have entered into a binding agreement to form a 50-50 joint venture to build a world-class, state-of-the-art arena in the South Philadelphia Sports Complex that will be the new home of the Philadelphia 76ers and Philadelphia Flyers.”
The arena is projected to open in 2031 with the window open for the project to be completed sooner. In addition to the new arena, HBSE and Comcast Spectacor’s agreement includes “a 50-50 venture to invest in the revitalization of Market East in Center City.”
There was a time when the state of New Jersey was making a “serious push” at brining the HBSE owned basketball team to the Garden State. However, the new arena plans will keep the 76ers in Philadelphia indefinitely.
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“From the start, we envisioned a project that would be transformative for our city and deliver the type of experience our fans deserve. By coming together with Brian and Comcast, this partnership ensures Philadelphia will have two developments instead of one, creating more jobs and real, sustainable economic opportunity,” said HBSE’s Josh Harris, David Blitzer, and David Adelman. “We are grateful to Mayor Parker, Council President Johnson, Council Member Squilla, Governor Shapiro, our partners in labor and the many community and business leaders who supported us throughout this process. This is a massive win for our fans and for the city.”
READ: Devils Owner Joins NHL’s Executive Committee
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