Texas native and longtime Houston resident Tilman Fertitta has agreed to purchase the Houston Rockets for a record $2.2 billion, according to Adrian Wojnarowski of ESPN. The Rockets released a statement confirming the sale of the team but did not confirm the price. The purchase price reported by ESPN would eclipse the record $2 billion paid by Steve Ballmer for the Los Angeles Clippers in 2014 and the investment firm Guggenheim Partners for the Los Angeles Dodgers in 2012.
‘Billion Dollar Buyer’ host Tilman Fertitta buys Houston Rockets for record $2.2 billion
Published September 6, 2017 at 3:35 PM
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