Forbes says that Nick Saban is on track to become a billionaire thanks to Joe Agresti, whose Dream Motor Group, co-owned with Saban, includes Mercedes-Benz of The Woodlands.

Forget typical old-money investments like art auctions and vintage cars. Today’s billionaires are pouring their money into their favorite sports teams instead—and turning them into serious investment ...

Billionaire families are increasingly favoring the acquisition of sports teams as a prestige investment, surpassing traditional pursuits like collecting art and cars, according to a JPMorgan report ...