
07 Sep Houston businessman Tilman Fertitta agrees to buy Rockets for record $2.2 billion
The Houston Rockets have been sold to local billionaire Tilman Fertitta, who called the purchase of his hometown team a “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.
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