Comcast looking at options, including selling Sixers

Updated: August 4, 2006, 11:42 PM ET
Associated Press

PHILADELPHIA -- Comcast-Spectacor said Friday it has hired a sports investment firm to look at alternatives for the Philadelphia 76ers, including a sale of the team or a new partnership.

Chairman Ed Snider said the company had been approached by a number of parties interested in purchasing the team.

He said they have decided to engage the services of Galatioto Sports Partners to help the company "evaluate our strategic alternatives, including a sale or a new partnership."

Snider also said that no decision has been made to sell the 76ers.

Besides the 76ers, Comcast-Spectacor owns the Philadelphia Flyers and Philadelphia Phantoms along with the Wachovia Center and the Wachovia Spectrum.

Copyright 2006 by The Associated Press