Adam Aron Rumors
Scott O’Neil has been hired as CEO of the Sixers, the team announced on Monday. O’Neil will officially take over on July 16th. With O’Neil now in the picture, the team also confirmed that Adam Aron is out- a move that has been rumored for some time. “I love the NBA and the game of basketball and am thrilled to be back,” O’Neil said to Scott Soshnick of the Bloomberg News. “I have lived in and around Philadelphia for parts of my teens, 20s, 30s and now 40s. I am really excited to be back and get started with the Sixers. This is an incredible city that loves an underdog and that is very much what the Sixers are right now.”
Adam Aron stepped down as Philadelphia 76ers CEO on Monday and was replaced by former Madison Square Garden Sports president Scott O’Neil. Aron will remain on the team’s board of directors and said he has increased his ownership stake in the franchise. Aron was part of the group that bought the franchise in 2011.
Late last night, however, 76ers spokesperson Michael Preston confirmed to the Daily News that, despite numerous reports (not by the Daily News) that cited sources, Aron had not been let go. Aron, also a minority owner of the team, has been associated in the business world with majority owner Josh Harris for close to 20 years.