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Tilman Fertitta buys the Rockets

Meet the new boss.

Houston billionaire Tillman Fertitta has reached an agreement to purchase the Houston Rockets from Leslie Alexander.

The $2.2 billion sale price to break the NBA record sale of $2 billion from when the Clippers were sold to Steve Ballmer, according to the person familiar with the terms of the deal.

“I am truly honored to have been chosen as the next owner of the Houston Rockets,” Fertitta said in a statement. “This is a life-long dream come true.

“Leslie Alexander has been one of the best owners in all of sports, and I thank him immensely for this opportunity. He has the heart of a champion. Lastly, out of respect for the NBA’s approval process, I can say no more other than I am overwhelmed with emotion to have this opportunity in my beloved city of Houston.”

See here for the background. I have no deep opinion on Fertitta – Jeff Balke makes the case for optimism in the Press, if you’re interested – but at least he’s a local and so hopefully won’t have some back-of-the-brain urge to move the team somewhere else some day. Mostly, what I have to say is 1) Don’t screw it up Tilman, and 2) the last time the Rockets changed ownership, they won the next two NBA championships. I’m sure that pattern will repeat itself. Deadspin has more.

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