Philadelphia Mayor Jim Kenney has given up prime seats at the Wells Fargo Center in exchange for funding for the city’s embattled school district, The Associated Press reported.
For a flat $100,000 rate paid to the city, Comcast-Spectator will resell seats in the mayor’s box for 76ers and Flyers games over a three-year period.The city will also get a portion of proceeds made from reselling those seats forconcerts and other similar non-sporting events.
The money will benefit the Fund for the School District of Philadelphiato give the students “more basic resources in their schools,” Kenney wrote on Facebook Thursday.
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His deputy chief of staff, Vaughn Ross, said a similar deal is also in the works for Lincoln Financial Field, home of the Eagles and Temple Owls.