The Houston Rockets are for sale. Alexander bought the team for $85 million back in 1993, and Forbes recently valued the franchise at roughly $1.65 billion, so he figures to get a very nice return on investment here.
Team CEO Tad Brown made the announcement at a news conference that owner Leslie Alexander chose to sell the club in the past few days.
The Rockets' next owner will inherit a budding superteam anchored by Harden, who is under team control through the 2022-23 season.
"It's a grind", Brown said when explaining the reason behind Alexander's decision.
The trademark of Alexander's ownership has been a constant pursuit of stars. James Harden made the All-NBA first team for his efforts last season and recently inked an $170 million extension to remain with the Rockets through 2023. "The great players, Hall of Fame players and coaches, championships won, all-NBA teams made".
Brown also says 72-year-old Alexander isn't selling the team because of health issues. "And the Houston community has been home to me".
Alexander was also the original owner of the now defunct Houston Comets of the WNBA, a franchise that won four consecutive titles. I'll always have a special place in my heart for the fans, partners, city officials and employees who care so deeply for this team.
The unexpected announcement, which reportedly even caught people within the organization by surprise, comes less than two weeks after the Rockets signed James Harden to the biggest contract extension in National Basketball Association history. "CEO Tad Brown will oversee the sales process with the league office, supported by my management team".
Nation's top tight end recruit picks Ohio State
Ohio State already led the country in average recruiting ranking, and with Ruckert's commitment, surpassed Miami for the top spot. MI has 10 commitments in its 2018 recruiting class but has not yet landed a tight end or receiver.
A former Balch Springs Police officer has been indicted by a Dallas Grand Jury for murder in the death of a teenager. Oliver's attorney, Jim Lane, did not immediately return a phone message seeking comment Monday.
Hertz Global Holdings Inc (NYSE:HTZ) now has a trailing P/E of -1.91 while its forward P/E according to Thomson Reuters is 17.49. Stock price volatility is an indicator that is most often used by options traders to find changes in trends in the market place.
Walmart apologized Monday after using the N-word to describe the color of a product in an online description of a hair product. Walmart apologized for the third-party seller's description of the product in a statement released on Monday.
Nevertheless, she wouldn't be offering commentary on Mr Trump's conversations with the French president or his wife. After repeating the comment to the French President, Mr Trump turned back to Mrs Macron and said: "Beautiful".
Aún no trascendieron detalles de la logística, pero el contador de la ex presidenta deberá ser trasladado a Buenos Aires. En un escrito que presentó en marzo de este año, el sospechoso aseguró que toda acusación hacia su persona "es absurda".
La Municipalidad de Lima deberá considerar en sus planes de desarrollo a la zona monumental arqueológica Huaca Pucllana . La Huaca Pucllana forma parte de la cultura Lima y sus primeros habitantes la ocuparon entre los años 400 y 700 d.C.
Police scrambled to Friedrich Ebert School in Esslingen, near Stuttgart, to reports of an armed man in the area this morning. A manhunt is still underway to find the suspect who is described as being in his teens with a dark complexion and beard.
Ferrari's Vettel is out of contract at the end of this year and there has been talk of Mercedes lining him up for 2019. Bottas was on the fly having ditched his soft tyres for super-softs', fighting his way back behind Vettel.
Big Brother 19's Cody Explains His Blank Stares
Sadly no one seems to be catching on to the plan, especially not the person who can change things, Head of Household Alex. Dominique and Alex could have become a very strong final two and it would have been a flawless alliance for them both.
Estados Unidos ofrecerá visas de trabajo temporal
Las visas extra H-2B visas son para trabajadores no agrarios de temporada en una serie de negocios, incluso balnearios. Kelly dijo que las visas adicionales eran "una extensión única" del límite establecido por el Congreso.