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Tilman Fertitta buys Rockets for $2.2B

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  • Tilman Fertitta buys Rockets for $2.2B

    Adrian Wojnarowski @wojespn
    Leslie Alexander's decision to sell the Houston Rockets didn't only surprise the rest of the NBA, it surprised those within the franchise.

  • #2
    He wants to get out from under that Stupid Harden contract
    The Queen Returns!
    Baby Got Back,
    To The Top Of Her Game.
    All Hail Serena Williams.

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    • #3
      He's a businessman. Buy low, SELL HIGH!
      https://tse3.mm.bing.net/th?id=OIP.M...0&h=300Adopter of #98 D. J. Reader

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      • #4
        Darren Rovell @darrenrovell
        Les Alexander bought Rockets for $85M in 1993. Could sell for $2B.

        Say 25 years (to completed sale), that's an internal rate of return of ~13.5%.

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        • #5
          Mark Berman @MarkBermanFox26
          Hall of Fame center Dikembe Mutombo (@officialmutombo) hopes to put together group that'll try & buy the #Rockets: "I'm working on it"

          Might become his house, again?

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          • #6
            Mark Berman @MarkBermanFox26
            According to NBA sources Houston billionaire Tilman Fertitta (@TilmanJFertitta) set to buy the #Rockets franchise. tinyurl.com/ydzaf52g

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            • #7

              Adrian Wojnarowski @wojespn
              Sources: Leslie Alexander has agreed to a deal to sell team to Houston billionaire Tilman Fertitta for NBA record sales price of $2.2B.

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