About a week ago, the NBA community was (relatively) shocked when this happened.
Sources: Leslie Alexander has agreed to a deal to sell team to Houston billionaire Tilman Fertitta for NBA record sales price of $2.2B.
— Adrian Wojnarowski (@wojespn) September 5, 2017
The market for NBA franchises continues to climb, as it was only in 2014 when Steve Ballmer purchased the Los Angeles Clippers for 2 billion dollars.
Tilman Fertitta had actually tried to previously purchase the franchise in 1994 for 81 million, but came up 4 million short.