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How to avoid paying the price of a broken franchise

The new owner of the Houston Rockets, who has been embroiled in a legal dispute with the league over his ownership group’s ownership of the team, has given a series of cryptic tweets and tweets about the Rockets and their future.

Johns Hopkins University basketball player John Hopkins Jr. speaks to a reporter after an NBA basketball game against the Atlanta Hawks at Chesapeake Energy Arena in Houston, Texas, Friday, July 17, 2021.

He says he will be in Houston this week to meet with the Rockets team president and general manager about the franchise’s future, but has not officially been named the new team’s president.

Hobson, whose family has owned the Rockets since the 1960s, says he’s open to discussions and “working with anyone that can make this better.”

He did not provide further details on how he would negotiate with the team or what he would do to help it.

The Rockets, in a tweet on Monday, also said they were looking for an “all-time great leader.”

They’ve also released a statement saying they “are fully committed to the long-term success of the Rockets organization.”

“While John has made no decisions about who will lead the Rockets, we are looking for a leader who will work with us to help turn the Rockets into a winning organization, and the franchise into a winner, both in the short term and the long term,” the statement read.

“We look forward to welcoming him to Houston, and working with him to build a winner in the Rockets future.”

Hobbs has said the Rockets will remain a team for a few more years, as it “should be.”

The Rockets’ owner, Tad Brown, has been involved in a long legal battle with the NBA over ownership of his franchise, which he acquired in a multiyear deal in 2014 for $1.1 billion.

Brown said in a statement on Tuesday that the NBA has decided to allow the Rockets to remain a franchise in its current form.

The league also said it would issue a franchise charter for the franchise that would be issued to the Rockets by May 2019.

Hobes said in the statement that he had “no comment” on the matter.

Brown has been under scrutiny in recent months over allegations of money laundering and other financial irregularities.

Brown has also faced criticism over his role in the team’s failure to win an NBA championship.

The Houston Rockets logo at Cheship Energy Arena.

(AP Photo/Alex Brandon) The NBA, the league’s owners, declined to comment.

The Rockets are currently 13-10, including five games out of a playoff spot, and are one of the league, with the Dallas Mavericks, Miami Heat, Golden State Warriors and Boston Celtics, among others, in the race for the eighth and final playoff spot.

Houston is one of six teams in the Western Conference that has been without a winning season since the 2013-14 season, when the Rockets made the NBA Finals and advanced to the NBA championship game.

The NBA is a nonprofit organization that operates under the banner of the National Basketball Players Association.

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