It hasn’t been two months since Leslie Alexander put the Houston Rockets on the market, and he’s already cashing out.
According to ESPN’s Adrian Wojnarowski and Fox 26’s Mark Berman, the billionaire Tilman Fertitta has purchased the Rockets for $2.2 billion, an NBA franchise record.
Tilman made his fortune as the owner of Landry’s restaurant and Golden Nugget Casinos and Hotels.
Fetitta’s biggest competitor in the Rockets sweepstakes was billionaire Dan Friedkin. Former Rockets players Elvin Hayes, Hakeem Olajuwon and Dikembe Mutombo along with Houston native Beyonce Knowles also showed interest in buying the team, according to Mark Berman.