Investors active in the sports industry have reaped high rewards across the globe in recent years. These investors include sovereign investors willing to enter the game and capitalize on the strong financial performance, unique investment structures and access to owners, athletes, and governments that flow from transactions in the sports sector. In addition, these investors benefit from the exciting privileges of owning a sports team. In this article, we highlight potential opportunities, risks, and special perquisites that exist for sovereign investors seeking to get in the sports game.