April 17, 2014 5:30 PM ET

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Company Overview of Rocket Ball, Ltd.

Company Overview

Rocket Ball, Ltd. owns and operates a professional basketball team, Houston Rockets. The company offers team league operations, management, and training services. Houston Rockets, formerly known as San Diego Rockets, was founded in 1967. The company is based in Houston, Texas.

1510 Polk Street

Houston, TX 77002

United States

Founded in 1967

Phone:

713-758-7200

Fax:

713-758-7339

Key Executives for Rocket Ball, Ltd.

Chief Executive Officer
Owner
Age: 70
Chief Financial Officer
Vice President and Chief Strategy Officer
Senior Vice President of Basketball Operations/Athletic Trainer
Compensation as of Fiscal Year 2013.

Rocket Ball, Ltd. Key Developments

Anschutz Entertainment Turns Down Offer

Anschutz Entertainment Group, Inc. (AEG) has turned down Rocket Ball, Ltd.’s owner Leslie Alexander's offer to acquire Houston Dynamo and the 30-year lease on BBVA Compass Stadium. On September 22, 2012, Dynamo’s President, Chris Canetti said, “Ownership evaluated the offer. At the end of the day, they determined that they're not prepared to accept the offer, thus meaning they will continue in their ownership. (AEG) reiterated the commitment to the team and the stadium and the belief in both properties and are committed to both entities.” According to the news report, Leslie Alexander had been in the final stages of negotiations to buy the Dynamo and secure the 30-year lease and development agreement on BBVA Compass Stadium, which opened in May 2012. The report added that Rockets’ CEO Tad Brown was not available to comment on the issue on September 22, 2012.

Houston Rockets Reportedly To Buyout Houston Dynamo Franchise

According to Fox 26 Sports, Leslie Alexander, owner of Houston Rockets is reportedly in talks to buy out the three partners who own the Houston Dynamo franchise. Anschutz Entertainment Group owns 50% of the franchise, Oscar de la Hoya owns 25% and Gabriel Brener owns 25%. The purchase would also give Alexander control of BBVA Compass Stadium.

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Recent Private Companies Transactions

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