Tilman Fertitta to buy Rockets for $2.2 Billion

Posted at 3:54 PM, Sep 05, 2017
and last updated 2018-07-14 14:46:23-04

The Houston Rockets will soon have a new owner. Houston billionaire, Tilman Fertitta has reached an agreement to purchase the Houston Rockets for $2.2 billion. That price, breaking the NBA record sale of $2 billion.

Fertitta, 60, is a Galveston native, chairman and CEO of Landry's Inc. and chairman of the University of Houston board of Regents.

He is also the owner of Golden Nugget Casinos.