Rumor has it Beyonce is looking to buy a stake in her hometown NBA team, the Houston Rockets. According to Bloomberg, Rockets owner, Les Alexander, purchased the team for $85 million in 1993 and is looking to sell the franchise, which could yield more than the record $2 billion that Steve Ballmer paid for the Los Angeles Clippers three years ago.
Reps for Beyonce and the Rockets have both declined to comment.
- Bey's husband, JAY-Z, currently has a less than one percent stake in the Brooklyn Nets.
- If Bey purchases a stake in the team, she will join a number of celebrities who have done the same including Justin Timberlake (Memphis Grizzlies), Jennifer Lopez (Miami Dolphins) and Nelly (Charlotte Bobcats).
- In other news, according to the L.A. Times, Beyonce and JAY-Z have reportedly agreed to purchase a $90 million home in Bel-Air. If the deal goes through, this will be the highest record sale in L.A. County this year.