Katz bought the
Philadelphia 76ers of the
National Basketball Association from
Fitz Eugene Dixon Jr. in July 1981. During his ownership, he brought the 76ers to their most recent NBA Championship win in the 1982–1983 season. He sold the team to
Comcast Spectacor in April 1996. Katz was also the founder and former owner of
Nutrisystem, Inc. and founder of the
private equity firm H. Katz Capital Group. Katz died on January 25, 2025, at the age of 87. ==References==