In 1993, Leslie Alexander paid $85 million for the Houston Rockets; 24 years later, he sold the team for $2.2 billion

Leslie Alexander made an investment in 1993 when he paid $85 million for the Houston Rockets. The financier had no way of knowing how valuable the franchise would become over the next 24 years.

Customize Your Newsletter

Yardbarker +

Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!