The Houston Rockets have a new owner.
Tilman J. Fertitta agreed to buy the team for $2.2 billion, according to multiple reports.
Sources: Leslie Alexander has agreed to a deal to sell team to Houston billionaire Tilman Fertitta for NBA record sales price of $2.2B.
— Adrian Wojnarowski (@wojespn) September 5, 2017
“I am truly honored to have been chosen as the next owner of the Houston Rockets. This is a life-long dream come true,” Fertitta, a native of Galveston and life-long resident of the Houston area, said in a statement released by the team.