Say What??? Houston Rockets owner, Leslie Alexander is putting the team up for sale!
According to Houston Rockets CEO, Tad Brown, the team is on the market and looking for a new owner.
Leslie Alexander bought the team for about $85 million prior to the 93-94 season. The team is now worth an estimated $1.65 billion.
What does this mean for the franchise? Not sure exactly, but Rockets management says there’s no rush to sell the team. Also, the major players are all locked down to long term contracts, which is good news for fans.