The deal comes just weeks after a grueling legislative battle in which the Sixers convinced City Council to give it the green light to move to Center City.

In a move that will likely stun many, the plan to bring a $1.3 billion arena to Market Street in Center City Philadelphia has been abandoned. On Sunday, around noon, a union representative and city official confirmed with NBC10 that the team has worked out a new deal with Comcast Spectacor and has backpedaled on a plan that would have brought an arena to the area of the intersection of Market and Filbert streets at 10th and 11th streets.

After all the noise and back-and-forth, the Philadelphia 76ers have officially decided to abandon their ambitious $1.3 billion project for a new arena in Center City, as relayed by PHLY Sports’ Kyle Neubeck.