Houston Rockets owner puts team up for sale

Just as the Houston Rockets are nearing the top of the mountain in the Western Conference, their owner Leslie Alexander is putting the team up for sale. Here are the details. According to Forbes, the team is now valued $1.65 billion after Alexander bought the team for $85 million in 1993. It's currently the eighth most valuable team in the NBA. "It's been a great joy in his life and pleasure to be the owner of the Houston Rockets. The great players, Hall of Fame players and coaches, championships won, All-NBA teams made. Just the connection with the community that's been established over 24 years has been an incredible opportunity that he's just loved." There is no set timetable for the sale, but Brown says they want to find the right buyer and won't rush the process. The Rockets won two NBA titles in as many seasons when Alexander took ownership.