76ers CEO Scott O'Neil has released a statement regarding the passing of Lewis Katz, a former owner of the New Jersey Nets who died Saturday evening in a plane crash:

"We are terribly saddened to learn about the untimely passing of such a passionate leader, philanthropist and humanitarian, Lewis Katz. He meant a great deal to us all and served as an inspiration with his ongoing efforts to give back and improve his community, about which he cared so deeply. On behalf of the Philadelphia 76ers, we send our sincere condolences to the entire Katz family during this difficult time."