Wells Fargo Center ( Philadelphia ) The Wells Fargo Center ( Spectrum II ( prior to construction ) , formerly the CoreStates Center , First Union Center and Wachovia Center ) is a multi - purpose indoor arena located in Philadelphia , Pennsylvania . It is the home arena of the Philadelphia 76ers of the National Basketball Association , the Philadelphia Flyers of the National Hockey League , the Philadelphia Wings of the National Lacrosse League , and the Philadelphia Soul of the Arena Football League . The Center was completed in 1996 to replace the Spectrum as the home arena of the Flyers , 76ers , and Wings , on the former site of John F . Kennedy Stadium ( originally Philadelphia Municipal Stadium ) at a cost of $ 210 million , largely privately financed ( though the city and state helped to pay for the local infrastructure ) . It is owned by Comcast Spectacor , which also owns the Flyers , and is operated by its arena - management subsidiary , Global Spectrum . The Wells Fargo Center lies at the southwest corner of the South Philadelphia Sports Complex , which includes Lincoln Financial Field , Citizens Bank Park , and Xfinity Live ! . Naming rights . Before its construction , the proposed arena was tentatively called " Spectrum II " . The Center was originally named for CoreStates Bank , which agreed to pay $ 40 million over 21 years for the naming rights , with additional terms to be settled later for an additional eight - year period at the end of the contract . However , the contract has gone through multiple hands due to various bank mergers ; first by First Union Bank in 1998 , Wachovia in 2003 , and finally by Wells Fargo in July 2010 . Installation of the new Wells Fargo Center branding began on July 27 , 2010 , with the removal of the Wachovia Center signage , followed by the installation of the new Wells Fargo Center signage . Work was completed in September 2010 . Facilities . The Center officially seats 20 , 318 for NBA and NCAA basketball and 19 , 537 for NHL hockey and indoor ( " box " ) NLL lacrosse . With additional standing - room admissions available in luxury and club - box suites , the total paid capacity increases . The Center has 126 luxury suites , 1 , 880 club - box seats , and a variety of restaurants and clubs ( both public and private ) available for use by patrons . In addition , the offices , studios , and production facilities of Comcast SportsNet Philadelphia are all located in the facility . On June 9 , 2010 , the Center set the record for the highest attendance for an indoor hockey game in the commonwealth of Pennsylvania ( 20 , 327 ) when the Flyers lost Game 6 of the 2010 Stanley Cup Finals to the Chicago Blackhawks . The Center also set a record for the highest attendances for a college basketball game in the commonwealth of Pennsylvania on February 13 , 2006 , when Villanova University played and defeated the # 1 ranked University of Connecticut before a crowd of 20 , 859 . On August 1 , 2006 , Comcast Spectacor announced it would install a new center - hung scoreboard to replace the original one made by Daktronics . The new scoreboard , manufactured by ANC Sports is similar to other scoreboards in new NHL & NBA arenas . An additional linear LED display lining the entire arena was also installed between the suite and mezzanine levels . Other renovations for the Center ' s ten - year anniversary included upgrading the suites with more flat screen HDTV ' s , as well as changing ticket providers from Ticketmaster to New Era Tickets , which is owned by Comcast Spectacor . The PA announcer at the Center for Philadelphia Flyers games is Lou Nolan , who moved with the team from the Spectrum , where he worked since 197