Reported to be an NBA record $2.2 billion, the sale still must get the league's OK. Leslie Alexander, the team's owner since 1993, is selling it for about $1.5 billion more than what he bought it for.
Fertitta bought the Rockets from previous owner Leslie Alexander for $2.2 billion.
Restaurant, casino owner Tilman Fertitta agrees to buy Houston Rockets from Leslie Alexander
Restaurant and casino owner Tilman Fertitta has agreed to buy the Houston Rockets from Leslie Alexander.
Restaurant and casino owner Tilman Fertitta has agreed to buy the Houston Rockets from Leslie Alexander. Terms were not released and must be approved by the NBA Board of Governors, but several reports indicate the sale price was $2.2 billion. The deal includes Clutch City Sports and Entertainment,...
Longtime owner Leslie Alexander reportedly agrees to sell the team to billionaire Tilman Fertitta
Beyonce's hopes of buying the Houston Rockets just got pushed to the left... to the left -- instead, the team will be sold to billionaire restaurateur Tilman Fertitta. Fertitta will fork over a check to current owner Leslie Alexander for $2.2…
Houston is changing ownership and it comes at a mouth-dropping price. Houston Rockets owner Leslie Alexander has agreed to sell the franchise to fellow Houston billionaire Tilman Fertitta for a record-breaking price of more than $2 billion, according to The Houston Chronicle’s Jonathan Feigen. Show More Summary
Houston Rockets owner Leslie Alexander initially stated he would be donating $4 million to the Hurricane Harvey Relief Fund. Statement from Leslie Alexander and the Houston Rockets. pic.twitter.com/yHTO996txN — Houston Rockets (@HoustonRockets) August 28, 2017 But after seeing more heartbreaking images around the city, he changed his mind and added just a bit more…Like $6 […]
The owner of the Houston Rockets just pulled out his checkbook -- AGAIN -- for the victims of Hurricane Harvey... upping his original $4 million donation to a whopping $10 MILLION. Leslie Alexander told Houston mayor, Sylvester…
Houston is dealing with catastrophic flooding as a result of Harvey
Houston Rockets owner Leslie Alexander will donate $4 million to a Hurricane Harvey Relief Fund in an effort to "help Clutch City come back stronger than ever."
Beyonce's mom tells TMZ Sports it would be "really great" if her daughter became the next owner of the Houston Rockets -- saying she's got the Houston connection that fans would love! After current Rockets owner Leslie Alexander announced he…
In July, Rockets owner Leslie Alexander announced he was selling the team
Rockets owner Leslie Alexander has announced he's selling the team.
We haven’t seen many NBA teams change hands in the last few years. Will the Rockets’ impending sale change that? Until the Houston Rockets announced on Monday that longtime franchise owner Leslie Alexander planned to sell the club, it...Show More Summary
The Houston Rockets are going up for sale. Rockets chief executive Tad Brown made the announcement Monday, hours after owner Leslie Alexander made the decision. Alexander took over as owner on July 30, 1993, and the Rockets went on to win back-to-back titles in 1994-95 behind the likes of Hakeem...
The Rockets brought in all sorts of star power during Alexander's tenure.
Just when the Rockets look poised to compete for a title, Leslie Alexander is attempting to sell the team.
Leslie Alexander has put the Rockets up for sale. Revenue increases could be challenging to come by for the next owner, but having star guard James Harden under contract for another four years should be accretive to the sale price.