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ESPN: Fertitta buys Houston Rockets for record $2.2B
Source:
http://www.espn.com/nba/story/_/id/...chase-houston-rockets-record-price-22-billion
ESPN -- National Basketball Association (NBA) team Houston Rockets, who lost to the San Antonio Spurs in the Western Conference Semifinals last season, have been sold to businessman and local billionaire Tilman Fertitta, who called the purchase of his hometown team "a life-long dream come true."
Terms of the sale, which was announced Tuesday, were not disclosed. A league source told ESPN's Adrian Wojnarowski, however, that Fertitta agreed to purchase the team from Leslie Alexander for $2.2 billion, a record sale price for an NBA franchise.
Source:
http://www.espn.com/nba/story/_/id/...chase-houston-rockets-record-price-22-billion
ESPN -- National Basketball Association (NBA) team Houston Rockets, who lost to the San Antonio Spurs in the Western Conference Semifinals last season, have been sold to businessman and local billionaire Tilman Fertitta, who called the purchase of his hometown team "a life-long dream come true."
Terms of the sale, which was announced Tuesday, were not disclosed. A league source told ESPN's Adrian Wojnarowski, however, that Fertitta agreed to purchase the team from Leslie Alexander for $2.2 billion, a record sale price for an NBA franchise.