Memphis Grizzlies general manager Chris Wallace and president Jason Wexler jointly penned a thank you letter to former team captain Zach Randolph, who left the franchise for the Sacramento Kings this summer by way of a two-year, $24 million deal:
During the interview, Mutombo said he was surprised by the announcement the team was being sold like many others around the league. But he said the Rockets and Alexander have done “a lot” for the city and the organization’s players on and off the court.
Rockets team president Ted Brown didn’t give any specifics Monday as to why Alexander chose to sell the team now, but did say he felt the franchise was in a good place.
The Rockets are valued at $1.65 million with $244 million in annual revenue coming in, according to Forbes. Mutombo earned $127.4 million over his career, but that figure isn’t indicative of any investments he has made post-retirement or his net worth.
The Rockets have the runner-up for last year’s MVP and one of the best four or five players in the league in James Harden. On top of that, they just acquired Chris Paul from the Clippers. And, despite the Knicks slowing down trade talks, the Rockets are still front-runners to acquire Carmelo Anthony this offseason.
This is a team set up to compete at the top of the Western Conference for, at least, the next few years. A sale shouldn’t be hard to come by Raiders Cheap Jerseys with Rg3 Cheap Jerseys their talent and the organization’s history of winning.