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San Antonio Spurs v Houston Rockets - Game Six

Source: David Dow / Getty

Les Alexander has owned the Houston Rockets for more than 2 decades, purchasing the team back in 1993 for $85 million.The team is now worth $1.65 BILLION.

His reason for selling? Alexander wants to focus on family and other passions of his.

Good news is he is looking for a buyer that will keep the team in Houston.

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