Elvin Hayes Involved In Group Trying To Buy Rockets

Another potential investor of note has been linked to the Rockets, as Hall-of-Famer Elvin Hayes confirmed to Fox 26 Houston that he is part of a group that is looking to buy the franchise. As Mark Berman of Fox 26 Houston details, the 12-time NBA All-Star confirmed that he and his group recently met with Rockets CEO Tad Brown.

“We have met with the Rockets, and had a very cordial and a very nice, in-depth visit,” Hayes said. “We feel good about our meeting with the Rockets, and I think they felt good with us. … We have some very strong people in this group. We could do some very good things with this organization, with this team.”

Hayes, who played his college ball at the University of Houston before joining the Rockets, is one of a handful of Houston athletes and celebrities who have expressed some interest in getting involved with the purchase of the franchise. Beyoncé, Hakeem Olajuwon, and Dikembe Mutombo are among the others linked to the Rockets sale within the last month and a half.

Of course, like those other big names, Hayes wouldn’t have the means to be the primary stakeholder in the franchise, so his group figures to include at least one person capable of making that kind of investment. Hayes declined to identify members of his group, but suggested that Houston billionaire Tilman Fertitta – who previously expressed interest in buying the Rockets – would make for a good owner if Hayes’ group doesn’t win out.

“If we are not fortunate enough to be successful in this endeavor, I feel that Tilman would be a person that could really bring great benefit to this basketball team and this city,” Hayes said. “If we are not where we need to be, I feel that Tilman would be the person really to do amazing things with this basketball team.”

Dan Friedkin and Jim “Mattress Mack” McIngvale are among the other big-money investors who are said to have some interest in making a bid for the Rockets, who were put up for sale in July by current owner Leslie Alexander.