HOUSTON – Rockets owner Les Alexander is putting the team up for sale, CEO Tad Brown announced Monday.
In the wake of the announcement, we'll take a look at Alexander's time spent in Houston:
July 30, 1993 - Alexander assumed ownership over the Rockets.
READ: Houston Rockets owner Les Alexander putting team up for sale
1993-94 season - Houston won its first NBA Championship.
1994-95 season - Alexander traded Portland to acquire Houston native Clyde Drexler. The Rockets won their second championship in as many seasons.
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1995 - Alexander established the Clutch City Foundation with the goal of providing help, hope and inspiration to those who might otherwise be forgotten. Over 22 years of active involvement, over $15 million has been raised for local charities.
1996 - Alexander signed Hakeem Olajuwon to a long-term extension and obtained Charles Barkley from Phoenix.
READ: Which Houstonians could afford to buy the Rockets?
1998 - Alexander's organization was awarded the Leadership Houston "Leadership in Action" Award for outstanding community service to education, one year after winning the same award for outstanding community service to youth.
1999 - Alexander obtained the rights to Steve Francis from Vancouver. Francis became a three-time All-Star for the Rockets.
2001 - When the flooding from Tropical Storm Allison hit Houston, the franchise helped raise over $230,000 for flood relief by auctioning off memorabilia items.
2002 - The Rockets made history by drafting Yao Ming first overall. He became the first-ever player from an international league to be drafted first overall.
PHOTOS: Rockets owner Les Alexander through the years
2004 - Alexander approved a seven-player trade with Orlando to bring in two-time scoring champion Tracy McGrady.
2006 - Alexander endorsed the acquisition of Shane Battier. The deal became a sounding board for the growing support of basketball analytics.
2012 - Alexander pulled off a blockbuster deal to acquire James Harden.
2013 - Alexander brought in eight-time All-Star and three-time Defensive Player of the Year Dwight Howard.
2016 - Alexander brought in former Coach of the Year Mike D'Antoni as the 13th head coach of the franchise and signed Harden to a four-year extension.
June 17, 2017 - Alexander announces that he is putting the team up for sale.