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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.
    If you're not following the Astros, you are doing Houston sports wrong.

  • #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%.
        If you're not following the Astros, you are doing Houston sports wrong.

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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?

          If you're not following the Astros, you are doing Houston sports wrong.

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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
            If you're not following the Astros, you are doing Houston sports wrong.

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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.
              If you're not following the Astros, you are doing Houston sports wrong.

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