Houston Rockets seeking for new owner

Houston Rockets CEO Tad Brown announced on Monday at a press conference that the franchise is up for sale.

Yao Ming poses for a portrait with Houston Rockets owner Leslie Alexander prior to the 2016 Basketball Hall of Fame Enshrinement Ceremony on Sept 9, 2016 at the Naismith Memorial Basketball Hall of Fame in Springfield, Massachusetts. [Photo: VCG]

However, he didn't specify if there are some talks with any potential buyers.

The announcement comes shortly after the Rockets re-signed super star James Harden and acquired star point guard Chris Paul from the Los Angeles Clippers.

Rockets owner Leslie Alexander took over the team 24 years ago.