Billionaire Tilman Fertitta closes on $2.2B deal to buy Houston Rockets

October 6, 2017
Local billionaire Tilman Fertitta officially owns the Houston Rockets and Clutch City Sports and Entertainment, the NBA team announced in an Oct. 6 press release. The NBA Board of Governors unanimously approved Fertitta as the Rockets’ new owner on Oct. 5. Fertitta bought the team from Les Alexander for an NBA record $2.2...

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