Julio 11, 2020

Houston Rockets are for sale, team president announces

18 Julio 2017, 08:07 | Cornelio Vivanco

Drew Shiller Former Warriors guard makes bold statement

Former Warriors Guard Makes Bold Statement

Previous Rockets owner Charlie Thomas is at right.

Houston Rockets CEO Tad Brown announced on Monday at a press conference that the franchise is up for sale.

"Houston is one of those marquee franchises in the NBA, particularly from the time that Yao Ming came on the scene and the team's popularity went berserk in Asia", Forbes senior editor Kurt Badenhausen said in a phone interview Tuesday morning. According to Brown, Alexander will find an owner committed to keeping the team in Houston. That's a hell of a return on an investment. "Just the connection with the community that's been established over 24 years has been an incredible opportunity that he's just loved".

Jonas Valanciunas puts up the numbers of a quality NBA center - 12 points and 9.5 rebounds a game last season, he's an efficient scorer - but yet the Raptors were 5.1 points per 100 possessions better when he sitting on the bench last season.

Bird played for Kentucky from 1954 to 1956 and helped the school attain two Southeastern Conference titles in 1954 and 1955.

Alexander recently signed Harden to a four-year contract extension that means he will make $228 million over the next six seasons through 2022-23.

Now the main question is: who will buy the Houston Rockets? All of the teams which jumped the Texans in the rankings have opened new stadiums or changed ownership. "It's one of Houston's 4 major teams". The team made a blockbuster trade on Valentine's Day in 1995 to acquire hometown hero Clyde Drexler, who was a key factor in the second championship. "I hope he sells it to someone who has the same attitude that he does", Nordstrom said.

In one of the most surprising moves of the summer, the Rockets picked up Chris Paul for Patrick Beverley, Sam Dekker, Montrezl Harrell, Lou Williams and a first round pick, as well as a few smaller pieces.

"I'm sure there's a lot of people interested". Alexander, a businessman and attorney, has owned the team since 1993. With the salary cap expected to climb higher and higher in the coming years, the valuations of NBA teams is ascending along with it.

Blackhawks' Campbell retires • Defenseman Brian Campbell is retiring at age 38 after playing 17 NHL seasons and winning the Stanley Cup with the Chicago Blackhawks in 2010. "It's not necessarily a business decision, it's more personal".

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