Power Play: Beyoncè Considering Stake in Houston Rockets?

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Les Alexander recently announced that he was selling the Houston Rockets and shortly thereafter social media swelled with rumors that entertainer and Houston native, Beyoncè, might be interested in buying a stake the team.

While the rumors have since been dispelled, according to Bloomberg there is still might be a chance that she, along with other wealthy Houston natives, will be investing in the team. However, they did not report on what percentage of the Rockets Bey is interested in purchasing.  

Other interested parties include CEO of Landry’s Inc., Tilman Fertitta; Jim “Mattress Mack” McIngvale also told and Rockets center Dikembe Mutombo. There is also international interest in the team. Former Rocket, Yao Ming, has made the team extremely popular in Asia.

No matter who the buyer, Alexander would like for the team, which he bought in 1993, to remain in Houston.

If Bey were to partner with any of the other potential buyers to purchase the $1.65 billion team from Alexander, she would be joining various other celebrities who hold part ownerships in professional sports teams. Among those celebrities are Justin Timberlake who owns part of the Memphis Grizzlies, Jennifer Lopez and Venus and Serena Williams who each own part of NFL’s Miami Dolphins and Will Ferrell who owns part of the Los Angeles Football Club, a Major League Soccer team. Beyoncè’s husband, Jay-Z, also owns part of his home team, The New York Nets.

Chantè Russell

Chanté Russell is a Howard University print journalism major from Raleigh, North Carolina. Her entire life has been shaped by her passion for writing, fashion and activism. Those passions have led her to create a blog entitled Be The Zeitgeist and serve as a staff writer for Howard’s student newspaper, The Hilltop. She has also written for Lady With Attitude and worked as a freelance journalist. Some of her biggest role models include Anna Wintour, Maya Angelou and her cousin, Dr. Jennifer Edwards, who inspired Chanté to attend Howard. After completing college, Chanté hopes to work as a fashion journalist and use her platform to combat cultural insensitivity within the fashion industry and improve the public perception of the industry.

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