Houston Rockets seeking for new owner

HOUSTON, July 17 (Xinhua) -- Houston Rockets CEO Tad Brown announced on Monday at a press conference that the franchise is up for sale.

However, he didn't specify if there are some talks with any potential buyers.

The announcement comes shortly after the Rockets re-signed super star James Harden and acquired star point guard Chris Paul from the Los Angeles Clippers.

Rockets owner Leslie Alexander took over the team 24 years ago.