The Houston Rockets made a stunning announcement this summer when long-time owner Les Alexander put the team up for sale after one of the most successful offseasons of any team in the league. The Rockets landed Chris Paul in a trade with the Clippers and inked James Harden to a record-setting contract extension, which appears to set them up as a contender for the foreseeable future.
Even so, Alexander is ready to get out and the Rockets, valued at over $2 billion in the most recent Forbes estimates, will fetch a hefty price from whatever ownership group wins the bidding war for Houston’s NBA franchise. There’s yet to be a concrete bid placed on the Rockets — it takes some time to round up a group with $2 billion or more — but we can expect names to pop up over the course of the season.
Among the most famous names to leak out as having potential interest in at least a stake of ownership in the Rockets is music superstar and one of the most famous people in the world, Beyonce. She is a Houston native and Bloomberg reports (via the Houston Chronicle) she is considering making an investment into her hometown team whenever a group takes shape.
Pop superstar Beyonce, a Houston native, is mulling an investment in the National Basketball Association’s Rockets, according to people familiar with the matter.
Beyonce is a regular courtside at NBA games, frequenting the hardwood seats with her husband Jay-Z. Her presence courtside always warrants a mention on TV broadcasts — as does her appearance at most anything — and she would bring serious star power and notoriety to an ownership group looking to secure the bid. It’s likely that Beyonce would make an investment on the level her husband did during his time as a minority owner of the Nets, helping them move to Brooklyn before selling his stake in the team to start a sports agency.
The report hasn’t been confirmed by any official representatives of Beyonce or the Rockets, but we can all hope that Queen Bey will be an NBA owner in the near future — also, I’d pay good money to listen in to a conversation between Beyonce and Daryl Morey about personnel.
