Wells Fargo Center, home of the Philadelphia Flyers NHL hockey team and the Philadelphia 76ers NBA basketball team, is shown March 14, 2020. The Philadelphia 76ers, who currently play at Wells Fargo Center, are taking the first steps toward building a privately-funded sports and entertainment arena. The team’s managing partners on Thursday, July 21, 2022, announced the creation of a new development company to create its future home in the city’s Fashion District. AP Photo/Matt Slocum
By The Associated Press PHILADELPHIA (AP) — The Philadelphia 76ers on Thursday announced plans to take the first steps toward building a privately funded $1.3…