The Houston Rockets may have a new owner by the start of the 2017-18 season.
According to KRIV TV sports director Mark Berman, Rockets owner Leslie Alexander has reached an agreement to sell the franchise to Tilman Fertitta.
Fertitta is a Houston-based billionaire and the chairman, CEO, and sole owner of Landry’s, Inc.
ESPN’s Adrian Wojnarowski is reporting that the sale price is $2.2 billion, the highest sales price for a franchise in NBA history.
Sources: Leslie Alexander has agreed to a deal to sell team to Houston billionaire Tilman Fertitta for NBA record sales price of $2.