The 76ers are going to stay in South Philly after all, according to City Council members and a key labor leader. The team has struck a deal with Comcast Spectacor to remain in the South Philadelphia sports complex,

The Sixers owners say they will 'develop a variety of options' for the East Market Street site where they initially sought to build a venue.

The team, whose ownership group is led by investor Josh Harris, said it had formed a 50-50 joint venture with Comcast to replace its arena in the South Philadelphia stadium district by 2031. Comcast will also take a minority stake in the team and work together on the WNBA bid, the parties said in a joint statement Monday.