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Houston businessman Tilman Fertitta agrees to buy Rockets for record $2.2 billion


The Houston Rockets have been sold to local billionaire Tilman Fertitta, who called the purchase of his hometown team "a life-long dream come true."


A league source told ESPN's Adrian Wojnarowski, however, that Fertitta agreed to purchase the team from Leslie Alexander for $2.2 billion, a record sale price for an NBA franchise.


Fertitta owns Landry's Inc., one of the nation's biggest restaurant corporations, and Golden Nugget Casinos and Hotels.


The Rockets said in a statement that Fertitta has no other partners in connection with the transaction, which also includes operation of the Toyota Center in Houston.


Feritta told KRIV-Fox 26 earlier this year that he was interested in buying the Rockets after Alexander announced that the franchise was for sale.




READ MORE (ESPN)


  • Houston Rockets sold to Tilman Fertitta, reportedly for $2.2 billionNBA.com (blog)
  • Houston Rockets owner Les Alexander to sell team for record $2.2 billion to ...USA TODAY
  • Tilman Fertitta to buy Rockets for record $2.2 billionChron.com
  • Houston Billionaire Tilman Fertitta Purchases Rockets for $2.2 BillionTheStreet.com
  • Houston Rockets Sold To Landry's Tilman Fertitta for Record $2.2 Billion-ReportsTheStreet.com
  • Tilman Fertitta agrees to buy Rockets for reported record $2.2 billionKTRK-TV
  • Reports: Rockets Sold to Houston Billionaire Tilman Fertitta for Record $2.2 ...Sports Illustrated
  • Tilman Fertitta to Buy Rockets for Reported NBA-Record $2.2 BillionBleacher Report
  • Report: Rockets sold for NBA record $2.2 billionWFMZ Allentown


This post first appeared on The 5th News, please read the originial post: here

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Houston businessman Tilman Fertitta agrees to buy Rockets for record $2.2 billion

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