"I'll always have a special place in my heart for the fans, partners, city officials and employees who care so deeply for this team", he said in his announcement.
Fertitta has worked for the Rockets in the past, serving as an advisory director for the team during the 1994 and 1995 seasons, both of which ended with Houston winning the NBA title. For them, it's the best of times, and it's the worst of times.
ESPN's Darren Rovell reported that Alexander never expressed interest in selling the team before. We also hope the next owner will be ready to invest in expanding professional sports in the Bayou City. "There's going to be a lot of discussion and a lot of cash".
Yesterday, the Rockets CEO Tad Brown announced that this franchise is for sale. However, Houston's KPRC 2 reports that Alexander "is committed to finding a buyer that will keep the team in Houston". It fits the description of a "team color" uniform and is sharp-looking. The Rockets are a great franchise.
A screenshot has surfaced of Scott revealing an intent to buy the star-studded squad.
NBA commissioner Adam Silver said Monday he had great respect for Alexander because he "brought two NBA championships" to Houston.
To view the full article, register now. The Atlanta Hawks, the last team to sell, sold for $730 million in 2015. But any discussion of a sale must begin and end with a commitment to keeping the Rockets in Houston where they have been since 1971, if for no other reason than to assuage the fears of fans.
One thing is sure, despite all questions here, the Rockets are an uprising force in the league, which might become the number one in the near future.
But no one dreams bigger than Houstonian Tyllen Bicakcic. Alexander, a businessman and attorney, has owned the team since 1993. It's likely that the Rockets' valuation upon sale will beat the Clippers' record $2 billion. He would be a candidate, strictly from a business profile, to act first.
Alexander, a former bond trader from New Jersey, has benefited from the $85 million investment he made 24 years ago. "The fall starts in September". The Rockets won two NBA Championships in his first two years as owner, spearheaded by the Hall of Fame talents of Hakeem Olajuwon.