As Texas Monthly reported shortly after the Rockets deal was completed: “Rather than selling equity in the company, which would have meant giving up … By selling $1.415 billion worth of bonds. The Rockets have been sold to Houston billionaire Tilman Fertitta. For the Rockets, they are working with a relatively new owner in billionaire businessman Tilman Fertitta, a Houston native. HOUSTON (AP) -- Tilman Fertitta has been a fan of the Rockets since before they moved to Houston, and after a failed attempt to buy the team long ago he was prepared to …

How is Tilman Fertita paying $2.2 billion for the Houston Rockets when he and his businesses have less than $300 million of cash?

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