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Dan Friedkin expresses interest in buying the Houston Rockets

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by J.R., Aug 14, 2017.

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  1. J.R.

    J.R. Member

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    http://www.fox26houston.com/sports/273796107-story

    HOUSTON (FOX 26) - Houston billionaire Dan Friedkin, owner and CEO of Gulf States Toyota and the president and CEO of the Friedkin Group, acknowledged in a statement released to FOX 26 Sports that he is interested in buying the Houston Rockets franchise.

    “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’s Gulf States Toyota has the exclusive rights to deliver Toyota vehicles in Texas, Louisiana, Arkansas, Oklahoma and Mississippi.

    Forbes lists Friedkin’s net worth at $3.1 billion.

    Houston billionaire Tilman Fertitta expressed interest in buying the Rockets franchise when the team was put on the market, but has said nothing since.

    Forbes lists Fertitta’s net worth at $3 billion.

    Rockets owner Leslie Alexander decided last month to seek a buyer for his franchise.

    Team CEO Tad Brown said at the time he would handle the process for the transaction, and that the team would have no comment on anything related to the sale of the Rockets.    ​
     
    #1 J.R., Aug 14, 2017
    James Hardashian, tmoney1101, tinman and 1 other person like this.
  2. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    Hmmm gotta look into this guy.
     
    #2 Daddy Long Legs, Aug 14, 2017
  3. Carl Herrera

    Carl Herrera Contributing Member

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    $3.1 Billion? Nah. I want an actually rich owner for the team.
     
    #3 Carl Herrera, Aug 14, 2017
    cbs1507, REEKO_HTOWN, gatsby and 4 others like this.
  4. xiki

    xiki Contributing Member

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    Sounds like a worthy prospect for ownership as he knows well the management team in place.
     
    #4 xiki, Aug 14, 2017
  5. larsv8

    larsv8 Contributing Member

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    I want a mega billionaire.

    The banana boat + Harden is going to be expensive!
     
    #5 larsv8, Aug 14, 2017
    Fullcourt likes this.
  6. pippendagimp

    pippendagimp Member

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    starting to doubt whether les will really get his $2B with only small fries showing interest (at least publicly) so far
     
    #6 pippendagimp, Aug 14, 2017
  7. FTW Rockets FTW

    FTW Rockets FTW Contributing Member

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    No Car Melo, No Care
     
    #7 FTW Rockets FTW, Aug 14, 2017
    rockets13champs and TheSource like this.
  8. Carl Herrera

    Carl Herrera Contributing Member

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    The big fish swim in deep water.
     
    #8 Carl Herrera, Aug 14, 2017
    REEKO_HTOWN, TheMystery008 and pippendagimp like this.
  9. xiki

    xiki Contributing Member

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    ...and may the minority partners include Beyonce, Rich Paul, and Hakeem and Deke.
     
    #9 xiki, Aug 14, 2017
  10. pippendagimp

    pippendagimp Member

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    but do occasionally come up to feast on (a club sandwich of) baby seals
     
    #10 pippendagimp, Aug 14, 2017
  11. jch1911

    jch1911 Member

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    Friedkins sells cars + seems kind of mellow = Carmelo
     
    #11 jch1911, Aug 14, 2017
    HakeemOnlyFan, theimpossibles1, rockets > * and 5 others like this.
  12. daywalker02

    daywalker02 Member

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    The Rox have become so expensive small billionaires have a hard time buying, just showing interests to be mentioned in the papers.
     
    #12 daywalker02, Aug 14, 2017
  13. chenjy9

    chenjy9 Numbers Don't Lie
    Supporting Member

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    I will take a pod of dolphins over a singular great white shark personally any day.
     
    #13 chenjy9, Aug 14, 2017
  14. mrm32

    mrm32 Member

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    I actually wouldn't mind Friedkin as the owner.
     
    #14 mrm32, Aug 14, 2017
    basketballholic likes this.
  15. kevC

    kevC Contributing Member

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    You gotta be friedkin joking my ass.
     
    #15 kevC, Aug 14, 2017
    D-rock, HakeemOnlyFan and B-ball freak like this.
  16. Fantasma Negro

    Fantasma Negro Member

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    3.1 billion? Pass. Tad needs to put out a memo that excludes these sub 10 billion dollar window shoppers. Just like dominoes 10 to get in
     
    #16 Fantasma Negro, Aug 14, 2017
    HakeemOnlyFan likes this.
  17. shastarocket

    shastarocket Contributing Member

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    Well, the good news is that we probably won't have a change in sponsors
     
    #17 shastarocket, Aug 14, 2017
  18. chievous minniefield

    chievous minniefield Contributing Member

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    Oh please oh please oh please oh please...
     
    #18 chievous minniefield, Aug 14, 2017
  19. RHU525

    RHU525 Member
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    Can Lebron buy a stake in the Rockets and play for the minimum? Can you be a player owner?
     
    #19 RHU525, Aug 14, 2017
    Fantasma Negro likes this.
  20. dakeem1

    dakeem1 Member

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    I disagree. Friedkin wouldn't be making sponsorship money if he pays himself the fee.
     
    #20 dakeem1, Aug 14, 2017
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