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re: Leslie Alexander has put the Houston Rockets up for sale

Posted on 7/17/17 at 2:49 pm to
Posted by WestCoastAg
Member since Oct 2012
145317 posts
Posted on 7/17/17 at 2:49 pm to
quote:

rockets are expected to be sold for $2.5 billion.
by who? once again, i dont think anyone is doubting the rockets will be sold for a very large sum of money, easily over 1.5 billion. and maybe over 2 billion, but its just weird to see these numbers get thrown around as a forgone conclusion when no franchise has ever come close to being sold for 2.5 billion dollars
This post was edited on 7/17/17 at 2:49 pm
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27339 posts
Posted on 7/17/17 at 2:52 pm to
quote:

by who? once again, i dont think anyone is doubting the rockets will be sold for a very large sum of money, easily over 1.5 billion. and maybe over 2 billion, but its just weird to see these numbers get thrown around as a forgone conclusion when no franchise has ever come close to being sold for 2.5 billion dollars
Tad Brown, the Rockets' CEO who gave the press conference said:

"The Forbes valuations (most recently $1.65 billion) are typically "very low" compared to sale prices in past."

So it seems you do not know what you're talking about.
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