Houston Rockets owner Lexlie Alexander puts the team up for sale

- The Houston Rockets are up for sale. Owner Leslie Alexander is selling the Houston Rockets, CEO Tad Brown announced during a press conference on Monday.

Brown said Alexander was looking at "changing the fabric of his life" and his mind is made up about selling. 

Leslie Alexander expressed his thoughts about selling his franchise in a statement released by the Rockets:

“It’s been my great joy and honor to own the Houston Rockets for the past 24 years,” said Alexander.  “I’ve had the incredible opportunity to witness true greatness through the players and coaches who have won championships for the city, been named to All-Star and All-NBA teams, enshrined in the Basketball Hall of Fame, and done so much for our franchise and our fans.  And the Houston community has been home to me; I will continue to support the charities I have made commitments to throughout the years.  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.  I’ve made this decision after much deliberation with my family and friends, and do so knowing the franchise is in great shape with the players, coaches and management team in place.  CEO Tad Brown will oversee the sales process with the league office, supported by my management team.”

Brown said Alexander is not in a rush to sell and wants to find the right buyer. Brown has been placed in charge of coordinating the sales process.

After the announcement, Tilman Fertitta expressed interest in buying the Houston Rockets.

"I've always had an interest in the Rockets. It's one of Houston's four major teams. It would be exciting. This is my home. I've looked at other teams, but it's hard to be involved with another team when Houston is your home," Feritta said.

Houston Texans owner Bob McNair said he has no interest in trying to purchase the Rockets.

"No, I'm totally concentrated on the Texans. We've got to win our championship. We're working everyday on that. I don't want to be distracted by some other major endeavor like that," McNair said.

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