Billionaire Dan Friedkin has expressed interest in purchasing the Houston Rockets, according to a statement via FOX 26.
Last month, it was learned that longtime Rockets owner Leslie Alexander had put the team on the market. The bidding process is one that should catch plenty of attention, and it looks as though Friedkin is the latest big name to join the mix of prospective owners.
The owner and CEO of Gulf States Toyota and the president and CEO of the Friedkin Group, Friedkin has a net worth of $3.1 billion, according to Forbes. He has addressed his interest in purchasing the Rockets, issuing a statement on the matter to FOX 26:
“I’ve expressed interest in exploring the purchase of the Houston Rockets,” Friedkin said in a statement released by his company.
“Les Alexander has done an outstanding job building a high caliber organization with a winning tradition. Over the years we have enjoyed a close partnership with the Rockets and Les through Toyota’s naming rights of the arena.
“As a Rockets fan and Houstonian it would be exciting and a privilege to build on the storied legacy of NBA basketball in this city.”
Friedkin is not the first name to be mentioned as a possible buyer, as Houston billionaire Tilman Fertitta is among the names that have reportedly expressed interest as well. Alexander originally purchased the Rockets in 1993 for $85 million.
RELATED STORIES: For Sale: Houston Rockets