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Sixers owner Josh Harris buys Devils for $320M

Sixers owner Josh Harris officially purchased the NHL's Devils on Thursday for $320 million. (David Dow/Getty Images)

Sixers owner Josh Harris officially purchased the Devils on Thursday for $320 million. (David Dow/Getty Images)

In an expected move, Philadelphia 76ers owner Josh Harris officially bought the New Jersey Devils on Thursday, according to a report from the Associated Press. The deal includes the rights to the lease for the Prudential Center.

The news comes a day after the NHL Board of Governors approved the deal to transfer ownership from the team's now-former owner, Jeff Vanderbeek, to Harris.

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Vanderbeek will remain a senior adviser to the team. Lou Lamoriello, president and general manager of the Devils, will also remain with the team. Sixers Chief Executive Officer Scott O'Neil, who had previously served as the chief executive for Madison Square Garden, will become the new CEO of the Devils.

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