Rockets up for sale (Houston Rockets, Spurs, Clippers, teams)

[rigas]

Owner says he's committed to finding a Buy that will keep them in Houston

Houston Rockets owner Les Alexander putting team up for sale

[Mathguy]

Well, they should bring in a pretty good price. Certainly better than what he paid for them.

[JonasW]

I figure a fair few teams around sports will go up for sale, What with the insane price idiot boy paid for the Clippers and the insane price wanted for the Marlins. Time to cash in.

[rigas]

Originally Posted by Mathguy

Well, they should bring in a pretty good price. Certainly better than what he paid for them.

their valued at 1.65 billion as for the end of the regular season this year.

compared to the 85 mil he paid, yeah hes making out like a bandit.

[nc17]

Hasn't this happened to every team Chris Paul has signed onto?

[Mathguy]

Originally Posted by rigas

their valued at 1.65 billion as for the end of the regular season this year.

compared to the 85 mil he paid, yeah hes making out like a bandit.

Lol....valued at 1.65bil? Yeah...I'd sell too.

I was thinking that half that would be a good price.

Lots of projection built into that estimate it's a volatile investment at anywhere near that price.

[rigas]

Originally Posted by nc17

Hasn't this happened to every team Chris Paul has signed onto?

I was thinking the same thing.

CP3 is a curse apparently, glad he didn't go to the spurs.

[Mr. Ryu]

I could see a Chinese conglomerate or billionaire buying it. The rockets are pretty big in China.

[Mathguy]

Originally Posted by Mr. Ryu

I could see a Chinese conglomerate or billionaire buying it. The rockets are pretty big in China.

Great post.

Definitely a lot of wild big money in China although such a high-profile purchase might not be as easy to pull off.

[DRob4JC]

Dikembe also trying to get a group together.