Short answers, pulled from the story.
The San Diego Rockets debuted in the 1967, 68 season with a roster built from an expansion draft and college picks. Robert Breitbard paid $1.75 million to join the NBA as an expansion team for that inaugural year.
On the 23rd of June 1971, the San Diego Rockets were sold to a Houston-based investment group for $5.6 million because owner Robert Breitbard received an eviction notice for the arena on the 26th of January 1970. The NBA hurriedly approved the sale since the franchise appeared on the verge of folding due to financial losses and tax-assessment issues plaguing the San Diego Sports Arena.
The Houston Rockets won their first championship against the New York Knicks during the 1994 NBA Finals after setting a then-franchise record of 58 wins. Hakeem Olajuwon was awarded the Finals MVP after averaging 27 points, nine rebounds, and four blocked shots per game during that series.
For the 2003, 04 season, the Rockets moved into their new arena, Toyota Center, with a seating capacity of 18,500. This venue replaced The Summit which served as home for the next 28 years before being renamed the Compaq Center from 1998 to 2003.
Upon moving to Houston in 1971, the Rockets replaced green with red while keeping the same design from their San Diego days save for the change of color and city name. For the 1972, 73 season, the Rockets introduced the famous ketchup and mustard logo featuring a gold basketball surrounded by two red trails.