The Philadelphia 76ers, colloquially known as the Sixers, are an American professional basketball team based in the Philadelphia metropolitan area. Founded in 1946 as the Syracuse Nationals, the franchise relocated to Philadelphia in 1963 and has since become a cornerstone of the city's sports culture. The team competes in the National Basketball Association (NBA) as a member of the Atlantic Division within the Eastern Conference, playing its home games at the Wells Fargo Center (formerly known as Xfinity Mobile Arena) in the South Philadelphia Sports Complex. Over the years, the 76ers have achieved significant success, including three NBA championships (1955, 1967, and 1983), and are renowned for legendary players such as Wilt Chamberlain, Julius Erving, and more recently, Joel Embiid and Ben Simmons. The organization is owned by Harris Blitzer Sports & Entertainment (HBSE), a holding company led by co-owners Joshua Harris and David Blitzer, who acquired stakes in the team in 2011. This ownership structure also encompasses other sports and entertainment assets, reflecting the 76ers' integration into broader business networks of influence in professional sports. The franchise has been involved in various community initiatives in Philadelphia, focusing on youth development, education, and social justice, while navigating the high-stakes world of NBA economics, including player trades, drafts, and media partnerships. Historically, the 76ers have faced controversies, such as labor disputes, player injuries impacting performance, and criticisms over management decisions during rebuilding phases. Notable legal and financial aspects include the team's valuation, estimated at over $4 billion in recent Forbes rankings, with revenue streams from ticket sales, broadcasting rights, and sponsorships. The organization's influence extends beyond the court, shaping local economy and fan engagement in Philadelphia.