It's hard to believe, but it's true! The Houston Rockets are up for sale. Long time owner, Les Alexander, made the announcement earlier.
See what he said below:
"It's been my great joy and honor to own the Rockets for the past 24 years. I've had the incredible opportunity to witness true greatness through the players and coaches who have won championships for the city, been named to All-Star and All-NBA teams, enshrined in the Basketball Hall of Fame, and done so much for our franchise and our fans. And the Houston community has been home to me; I will continue to support the charities I have made commitments to throughout the years. 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.
"I've made this decision after much deliberation with my family and friends, and do so knowing the franchise is in great shape with the players, coaches and management team in place. CEO Tad Brown will oversee the sales process with the league office, supported by my management team."
Les Alexander bought the Rockets for $85 million in 1993. They won championships the next two years. Team is now valued at $1.6-$2 billion.— Jerome Solomon (@JeromeSolomon) July 17, 2017
Alexander is the best owner in Houston sports history. Period. Jim Crane is moving up fast, but right now it's not even close.— Jerome Solomon (@JeromeSolomon) July 17, 2017