Deals
Houston Rockets Sell for $2.2 Billion, Breaking NBA Record
- Price passes $2 billion paid by Ballmer for L.A. Clippers
- Les Alexander bought the team in 1993, paying $85 million
Houston restaurateur Tilman Fertitta is buying the Houston Rockets for $2.2 billion, according to people familiar with the deal.
The price would be a new high for the National Basketball Association, breaking the $2 billion Steve Ballmer paid for the Los Angeles Clippers in 2014.