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NBA owner eyes Dynamo purchase

Leslie Alexander, owner of the NBA's Houston Rockets, is in the final stages of negotiations to purchase the Houston Dynamo and secure the 30-year lease and development agreement on BBVA Compass Stadium, reports Jose de Jesus Ortiz.

Anschutz Entertainment Group owns 50 percent of the Dynamo. Oscar de la Hoya and Mexican billionaire Gabriel Brener own 25 percent each.

Although the sale price is unknown, Forbes magazine has valued the D.C. United franchise at $50 million after a 60 percent share of that team was sold. When the Montreal Impact became MLS's 19th team this season, it paid a $40 million expansion entry fee.

Read the whole story at Houston Chronicle »

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