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Philly stadium owners don’t pay property taxes. Here’s what that means for the Sixers’ arena proposal.

The 76ers are proposing to give the land to the city, and lease it back from the municipal government. That would make the property exempt from real estate taxes that fund city services and schools.

David Adelman, 76ers co-owner and lead developer, touted the team's plan to pay PILOTs (payments in lieu of taxes) instead of property taxes as a benefit to the city.
David Adelman, 76ers co-owner and lead developer, touted the team's plan to pay PILOTs (payments in lieu of taxes) instead of property taxes as a benefit to the city.Read moreCharles Fox / Staff Photographer