The Houston Rockets announced July 17 that owner Leslie Alexander is putting the NBA team up for sale, according to multiple media reports.
Alexander bought the team in 1993 before the 1993-1994 season for $85 million, according to KPRC Click2Houston.com and the Houston Chronicle. He’s selling the team to focus on his passions like philanthropy and family, per the reports.
Alexander’s health is fine, reporters from KPRC tweeted on July 17. He’s seeking a buyer that will keep the team in Houston,…
Source:: Bizjournals.com – Sports