Restaurant and casino owner Tilman Fertitta has agreed to buy the Houston Rockets from Leslie Alexander.
Terms were not released and must be approved by the NBA Board of Governors, but several reports indicate the sale price was $2.2 billion. The deal includes Clutch City Sports and Entertainment, which puts on shows and concerts at the Toyota Center.
Fertitta will be the team's sole owner, calling this a "lifelong dream come true." He is the owner of the Landry's restaurant chain and Golden Nugget casino and hotels.
"Leslie Alexander has been one of the best owners in all of sports, and I thank him immensely for this opportunity," Fertitta said....