Contact Us

Beyonce Reportedly Interested in Buying Houston Rockets Ownership Stake

Beyonce
Theo Wargo, Getty Images

Beyoncé is reportedly interested in becoming a NBA team owner, according to Bloomberg.

The superstar singer, who was raised in Houston, is interested in becoming part of an ownership group to bid on the Houston Rockets after it was announced that team owner, Leslie Alexander, wants to sell the franchise. Forbes estimates the Rockets could sell for $2 billion.

Although Beyoncé is among the wealthiest celebrities in the world, and just this year earned the top spot on Billboard’s Highest Paid Musician’s list, she doesn’t quite have the capital to purchase the team alone.  Celebrity Net Worth projects her overall assets at $450 million, while TheRichest estimates her net worth at $350 million. Combined with her her husband JAY-Z’s income, their collective net worth is estimated at $1 billion.

JAY-Z’s ownership of Roc Nation Sports is reportedly another factor to consider, since he had to sell his stake in the Brooklyn Nets after becoming a certified agent to represent players, though there’s nothing to suggest that Beyoncé would run into any issues because of that.

We’ll see if Beyoncé comes away with any ownership in her hometown team in the coming weeks.

 

2017 Summer Festival Guide

Best of Hot 99.1

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://hot991.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Hot MVPs quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Hot MVPs contests, events, coupons, presales, and much more delivered to you for FREE.