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BREAKING NEWS: Houston Rockets Legend Hakeem Olajuwon Returns as Co-Owner In a monumental announcement, Houston Rockets owner Tilman Joseph Fertitta family has officially declared that Hakeem Olajuwon the legendary linebacker and long-time face of the franchise, will return to the organization in 2025 as a co-owner..

LONDON - OCTOBER 21: Hakeem Olajuwon of the Houston Rockets speaks to Rod Thorn prior to the game against Buckler Italy during the 1995 McDonalds Open played on October 21, 1995 at the London Arena in London, United Kingdom. NOTE TO USER: User expressly acknowledges that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License agreement. Mandatory Copyright Notice: Copyright 1995 NBAE (Photo by Bill Baptist/NBAE via Getty Images)

In a stunning turn of events that has sent ripples throughout the basketball world, the Houston Rockets have officially announced the return of franchise legend Hakeem Olajuwon—not as a player, coach, or ambassador, but in a groundbreaking new role as co-owner of the team. The news was revealed today by current team owner Tilman Joseph Fertitta and his family, marking a monumental moment not only for the organization but also for the city of Houston and fans worldwide.

 

Hakeem Olajuwon, often referred to as “The Dream,” is widely considered one of the greatest centers in NBA history. He played 17 seasons with the Rockets, leading the team to back-to-back NBA championships in 1994 and 1995. His dominance on both ends of the floor, particularly his patented “Dream Shake” move, earned him a place among basketball royalty. Olajuwon was inducted into the Naismith Memorial Basketball Hall of Fame in 2008 and remains the Rockets’ all-time leader in points, rebounds, and blocks.

 

While Olajuwon has remained connected to the team in an unofficial capacity over the years—often mentoring young players and contributing to basketball operations—his new position as co-owner signifies a much deeper commitment to shaping the franchise’s future. It also represents a powerful fusion of legacy and leadership, as the team looks to reestablish itself as a dominant force in the NBA.

 

Tilman Fertitta, speaking at a press conference, emphasized the significance of Olajuwon’s return. “Bringing Hakeem into the ownership group is a dream come true—for our family, the organization, and our fans,” Fertitta stated. “He’s not just a Hall of Famer; he’s the heart and soul of Houston basketball. His presence in the front office brings wisdom, championship experience, and a deep connection to the community that can’t be replicated.”

 

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Olajuwon, now 62, expressed enthusiasm about this new chapter. “I’ve always considered the Rockets my home,” he said. “To return in this capacity and help lead the franchise I love into a new era is both humbling and inspiring. I look forward to working with Tilman and the entire organization to bring another championship to Houston.”

 

The timing of this announcement couldn’t be more poignant. The Rockets are in the midst of a promising rebuild, with a core of talented young players and an energetic coaching staff aiming to return to playoff contention. Olajuwon’s involvement is expected to have a significant impact on the culture and strategic direction of the team, particularly in player development and community engagement.

 

Fan reaction has been overwhelmingly positive, with many taking to social media to express their excitement and nostalgia. The decision to bring back a beloved icon like Olajuwon is more than just a symbolic gesture—it’s a bold move that unites the past and future under one powerful vision.

 

As the 2025 season approaches, all eyes will be on Houston, where Hakeem Olajuwon’s next dream is just beginning.

 

 

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