Philadelphia, PA – Jerry Colangelo, Chairman of Basketball Operations for the 76ers, arranged a second corporate partnership this morning and announced the deal at a press conference earlier today.

Colangelo, who reportedly arranged and brokered the new business deal by himself without consulting owner Josh Harris, said the deal would allow for a large patch on the back of each jersey for the next three seasons.

“This is truly an exciting day for the organization. Not only do we have an agreement with StubHub to place a patch on the front of each jersey, but I have arranged for a patch from ‘Crazy Charlie’s Crematorium’ to be placed on the back of each jersey for the next three years,” Colangelo told the assembled media.

A representative from the bargain basement mortuary service, Crazy Charlie himself, unveiled a large patch festooned with a grinning Grim Reaper, which proclaimed “Nobody will beat Crazy Charlie’s downright insane prices. If you can find a cheaper cremation, you’re already in heaven.”

When asked why the organization decided to partner with a local business and not, say, another national corporation, Colangelo said it just made sense for the franchise to do so at this time.

“We reached out to Colonial Penn Life Insurance but we never could get a deal. I also spoke with several representatives at the Safe Step Walk-in Tub Co., but it never came to be. Besides, Crazy Charlie’s offers anyone in the organization 20% off any of their services. That was too good to pass up,” Colangelo noted.

At press time, several sources are reporting that Colangelo had a meeting scheduled with Centrum Silver for later in the day.