In 1993, Leslie Alexander paid $85 million for the Houston Rockets; 24 years later, he sold the team for $2.2 billion Oct 30, 2026 @ 9:09amBasketball > NBA > Houston RocketsAthlon SportsLeslie Alexander's $85 million investment in the Houston Rockets became a historic $2.2 billion sale. Read moreIn 1993, Leslie Alexander paid $85 million for the Houston Rockets; 24 years later, he sold the team for $2.2 billion