Houston Rockets Owner Leslie Alexander Putting Team Up for Sale

by July 17, 2017

The Houston Rockets are officially on the market.

Rockets CEO Tad Brown announced on Monday that owner Leslie Alexander is putting the team—and Clutch City Sports & Entertainment—up for sale.

Alexander bought the franchise for $85 million ($144 million adjusted for inflation) in 1993, and reportedly could sell the team for more than $2 billion.

Knicks, Rockets Working on Carmelo Anthony Trade Scenarios