On Monday, Houston Rockets CEO Tad Brown announced that the franchise was up for sale.
Leslie Alexander decided to sell the team because he is looking forward to the next chapter of his life.
Sports teams have become so expensive that a group of wealthy individuals is often formed to place a bid. The members of the Rockets front office will not be apart of that group.
According to Tad Brown, no members of the Rockets front office will attempt to purchase the team.
I can confirm that @dmorey will not be part of a group buying the @HoustonRockets, nor will I or any member of the current team 1/2
— Tad Brown (@tadbbrown) July 20, 2017
2/2 we are solely focused on finding the best buyer for Mr.