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According to Bloomberg, Beyonce is looking at investing in the National Basketball Association’s Rockets. Yonce is from Houston as she constantly reps H -Town in her tracks.
Rockets owner Les Alexander, a former bond trader, said last month he was selling the team amid a surge in franchise values across sports. The club’s popularity in China may push the sale price past the record $2 billion Steve Ballmer paid for the Los Angeles Clippers three years ago.
Alexander paid $85 million for the Rockets in 1993.
Jay-Z, once held a less than 1 percent stake in basketball’s Nets. He sold his share of the team after starting Roc Nation, which represents athletes.
According to Bloomberg, Beyonce is looking at investing in the National Basketball Association’s Rockets. Yonce is from Houston as she constantly reps H -Town in her tracks.
Rockets owner Les Alexander, a former bond trader, said last month he was selling the team amid a surge in franchise values across sports. The club’s popularity in China may push the sale price past the record $2 billion Steve Ballmer paid for the Los Angeles Clippers three years ago.
Alexander paid $85 million for the Rockets in 1993.
Jay-Z, once held a less than 1 percent stake in basketball’s Nets. He sold his share of the team after starting Roc Nation, which represents athletes.
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