Reports: Beyonce interested in buying Houston Rockets

HOUSTON – Houston native and Grammy Award-winning singer Beyonce is considering an interest in the Rockets after owner Les Alexander put the team up for sale, according to Bloomberg.

Alexander bought the Rockets in 1993 for $85 million. Forbes, in February, estimated the Rockets' worth at $1.65 billion, making it the eighth-most valuable NBA team.

Recommended Videos



Beyonce's husband, Jay Z, has some experience with having a hand in sports ownership. He once owned 1/15 of 1 percent of the Brooklyn Nets, according to Forbes. He sold his share for $500,000 after starting Roc Nation, a company that represents athletes, according to Forbes.

Beyonce has always been known to represent the city of Houston and she was seen sporting a custom Rockets jersey with James Harden's number on it at a Made in America concert.

Bloomberg stated that Beyoncé is one of the most influential celebrities, according to the Marketing Arm’s Celebrity DBI database. She has an estimated new worth of $290 million as of 2017.

According to Bloomberg, the Rockets and Beyonce's publicist, Yvette Noel-Schure, declined to comment on the reports.


About the Author:

Award-winning journalist, mother, YouTuber, social media guru, millennial, mentor, storyteller, University of Houston alumna and Houston-native.