The Houston Rockets are for sale

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AP

The Houston Rockets are for sale

HOUSTON -- Houston Rockets owner Leslie Alexander is selling the team.

Rockets CEO Tad Brown made the announcement Monday, hours after Alexander made the decision.

"It's been my great joy and honor to own the Houston Rockets for the past 24 years," Alexander said in a statement. "I've had the incredible opportunity to witness true greatness through the players and coaches who have won championships for the city, been named to All-Star and All-NBA teams, enshrined in the Basketball Hall of Fame, and done so much for our franchise and our fans."

Alexander took over as owner on July 30, 1993, and the Rockets went on to win back-to-back titles in 1994-95. In 24 seasons under Alexander, the Rockets have won 56.9 percent of their games, fifth-highest in the league.

Brown said the 74-year-old Alexander had been approached over the years by potential buyers, but never considered it until very recently.

"I think it's been something he's been thinking about a little bit," Brown said. "It can wear on you after so many decades and he's tired. There are passions in his life now that are becoming more and more clear. His family, certainly, and his philanthropic efforts, what he'll be able to do with his additional time and his resources on a global scale is something that he's very much looking forward to."

Brown will be working with the league office while they look for a new owner. There is no set timetable for the sale, but Brown said they want to find the right buyer and won't rush the process.

Included in the sale will be Clutch City Sports and Entertainment, which puts on non-basketball shows and concerts at the Toyota Center.

"It's a nice opportunity to have that rolled into one asset," Brown said.

 

John Wall commits to Wizards long term with huge contract extension

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USATSI

John Wall commits to Wizards long term with huge contract extension

The Washington Wizards' long-term future is now a lot clearer, as superstar point guard John Wall agreed to terms on a four-year contract worth $170 million. David Aldridge first reported the news.

Wall, 26, re-ups with the Wizards through the 2022-23 season. By the time it expires he will be 32 years old, meaning the Wizards have locked him up for the majority if not all of his prime.

Wall was able to earn the dollar amount he did in part because of his selection to third team All-NBA for the 2016-17 season. Under the recently installed collective bargaining agreement, honors like All-NBA and Defensive Player of the Year allow players to earn more money on contract extensions.

The Wizards drafted Wall first overall in 2010 out of the University of Kentucky. In his seven NBA seasons since, Wall has blossomed into one of the NBA's best players with career averages of 18.8 points, 9.2 assists and 4.4 rebounds per game. He has been an All-Star in each of the past four seasons and is a one-time All-Defensive team selection.

READ MORE AT CSNMidAtlantic.com

Kevin Love closes Twitter response with 'now go kick some rocks'

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USATI

Kevin Love closes Twitter response with 'now go kick some rocks'

On Friday afternoon, news broke that Kyrie Irving reportedly requested a trade from the Cavs.

Shortly thereafter, a Twitter account with over 296,000 followers tweeted the following:

[RATTO: Kyrie Irving needs to be traded to one place, and one place only]

A little over an hour later, Kevin Love responded:

On Tuesday night, Irving told Sports Illustrated the Cavs are "in a very peculiar place."

In the weeks between Cleveland's Game 5 loss to the Warriors and the start of free agency, Love was reportedly on the trading block.

The Cavs and GM David Griffin "mutually" parted ways three days before the NBA Draft.

Cleveland is finally finalizing a deal with assistant GM Coby Altman to become the permanent general manager, according to ESPN's Adrian Wojnarowski.

LeBron James can opt out and become a free agent next summer, and there is already speculation about where he may go.

Man. The last six weeks in Cleveland have been wild...

Drew Shiller is the co-host of Warriors Outsiders and a Web Producer at NBC Sports Bay Area. Follow him on Twitter @DrewShiller