Beyoncé Reportedly Considering In Buying Stake In Houston Rockets

James Harden swoons.

August 01, 2017
Beyoncé Reportedly Considering In Buying Stake In Houston Rockets Beyoncé and JAY-Z attend Game 6 of the 2016 NBA Finals.   Jason Miller / Getty Images

Beyoncé could potentially be courtside for many more Houston Rockets games in the near future. According to a report from Bloomberg, the singer and Houston native is considering investing in her hometown's NBA team.

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Current Rockets owner Les Alexander announced last month that he was putting the team up for sale. Alexander paid $85 million for the team in 1993, and the franchise currently has the possibility to be worth more than the record $2 billion Steve Balmer paid for the Los Angeles Clippers in 2014.

Basketball is not a new investment for the Knowles-Carter clan. In 2010, JAY-Z bought less than 1% of the Brooklyn Nets before selling his portion in 2013 so that Roc Nation could represent NBA players.

Beyoncé Reportedly Considering In Buying Stake In Houston Rockets