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Billionaire buys Houston Rockets for record price of $ 2.2 billion

Billionaire buys Houston Rockets for record price of $ 2.2 billion

The Texas billionaire Tilman Fertitta has reached an agreement on the Houston Rockets for a record price to buy. The 60-year-old American explains, according to American media, $ 2.2 billion (€1.85 billion a year) for the NBA club.

The other 29 NBA owners, should the deal still approve.

The sale of Los Angeles Clippers to Steve Ballmer is still the largest in the history of the North American basketbalcompetitie. The former Microsoft ceo paid in 2014, $ 2 billion for the second club in LA.

Billionaire Leslie Alexander (73), the current owner of the Rockets, made in July known that he is the champion of 1994 and 1995 after 24 years of the hand wants to do. That unexpected news caused a lot of interest in, and rumors about the sale. So would the singer Beyoncé, who is born in Houston, also have considered to invest in the Rockets.

Fertitta has, according to business magazine Forbes had an estimated capacity of 3.1 billion dollar (2.6 billion euro). He is the owner of the restaurant – and entertainmentketen Landry’s.

Fertitta tried in 1993, even though the Rockets to buy, but its offer of 81 million dollars lost when of that of Alexander ($85 million).

Chris Paul

The Rockets finished last season third in the Western Conference with 55 wins and 27 defeats. The team of coach Mike D’Antoni lost then in the play-offs in the second round of the San Antonio Spurs.

The club of Houston has this summer really boosted by Chris Paul to take over the Clippers. The 32-year-old American is already years as one of the best point guards in the NBA and the Rockets a superduo form with all-star James Harden.

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