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Team President: Houston Rockets Up For Sale

Updated 10 months ago on October 15, 2021

By Basketball Insiders

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Houston Rockets CEO Tad Brown announced Monday that the franchise is up for sale by owner Leslie Alexander. Brown offered a timetable of “sooner rather than later,” but also said that since management is firmly in place, there is no rush to the process. The most recent Forbes evaluation of the franchise pegged its value at roughly $1.65 billion.

Source: Houston Rockets

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