Rockets sold for 2.2B

[G-Zeus]

Tilman Fertitta Reportedly Will Buy Rockets from Leslie Alexander

Tilman Fertitta Reportedly Will Buy Rockets from Leslie Alexander

Tilman Fertitta, the Houston-based CEO of restaurant company Landry's, Inc., has reportedly reached an agreement to purchase the NBA's Houston Rockets franchise from Leslie Alexander.

Mark Berman of KRIV first reported the news Tuesday. Scott Soshnick of Bloomberg confirmed the report, tweeting the Rockets will be sold for a record $2.2 billion.



This article will be updated to provide more information on this story as it becomes available.

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[Colin X]

This made me realize how much money Harden got for real.


Just between Adidas and his Rockets contract dude got (at face value) 1/4 of what his team sold for


That's so much fukkin money dawg

 

[That Singer Guy...]

Good time to get out

 

[Styles]

Went underwater and we still breaking records

Hopefully new jerseys on the horizon

 

[MJ Truth]

Went from buying it for about 80 Ms in the early 90s to selling it for a couple of Bs. Yet when the next CBA comes up willfully ignorant fans are going to keep believing that the owners are really hurting for money out here.

 

[licktheballs]

The NBA :Jbwowstack:

 

[Jplaya2023]

Went underwater and we still breaking records

Hopefully new jerseys on the horizon

be funny if they went to those jerseys and court they had in 96. That was an utter disaster lol

 

[G-Zeus]

Went underwater and we still breaking records

Hopefully new jerseys on the horizon

reads like a jay-z double entendre... New jersey on the horizon..like expansion team..like..swimming to NJ..hip hop fukked my brains

 

[Styles]

be funny if they went to those jerseys and court they had in 96. That was an utter disaster lol

Naw chill

 

[Remote]

Back in February of this year, Forbes had the Rockets valued at 1.65 billion.

The Knicks And Lakers Top The NBA's Most Valuable Teams 2017

Not that Forbes knows what the hell they're talking about.


But if the Rockets are gonna sell at +25% market value...then one can imagine what the Knicks and Lakers (whose competitive future is on the rise) might be valued at.

 

[Rekkapryde]

Incredible.....bag secured

 

[BillBanneker]

Damn, that clippers sale really got these team valuation chasing the bag

 

[MikelArteta]

To own a NBA team

Every owner in the NBA is probably like


Is this dude one of the UFC guys?

 

[VBM]

The next 10 generations of Alexander's fam set for life

 

[DropTopDoc]

So my offer of the families secret brisket rub, a bottle of Henny and 500 bucks wasn't enough


Rockets would have took the west over under me