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According to ESPN, Will and Jada Smith are a part of the Philadelphia 76ers new ownership. Will, a Philly native, has to be excited about the future of his new investment even if it is less than 50%.
The 76ers’ new ownership team includes one of the city’s favorite sons: Will Smith, who has invested as a minority shareholder.
The presence of Smith in an ownership consortium headlined by New York-based leveraged buyout specialist Joshua Harris, David Blitzer and former NBA agent and Sacramento Kings executive Jason Levien means that the Atlantic Division now houses two giants from the entertainment industry.
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