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Houston Rockets Have New Owner: Businessman Tilman Fertitta

The terms of the sale haven’t been disclosed yet.

The Houston Rockets have a new owner: Houston businessman Tilman J. Fertitta.

The Rockets announced on Tuesday that the owner of the Landry's restaurant empire and Golden Nugget Casinos and Hotels is buying the team, including operation of the Toyota Center Arena.

The terms of the sale weren’t disclosed yet.

It requires the approval of the NBA Board of Governors.


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