Private equity in sports is reshaping the way professional teams are owned, managed, and valued. In this episode of Purpose Driven Capital, host Matt Johns speaks with Mark Wade of CAZ Investments to explore how Wall Street is moving into professional sports and why this shift is creating new opportunities for investors. Mark shares firsthand insights on private equity in sports, the evolution of team ownership, and how billionaires, family offices, and institutions are transforming sports franchises into legacy-building assets.

From the rise of sports private equity funds to the implications for franchise ownership, Mark dives deep into the financial and cultural forces driving this movement. You’ll learn why teams are selling minority stakes, how the NFL and other leagues are changing their ownership rules, and the hidden advantages of sports investing as a low-volatility, low-correlation asset class. Whether you’re an entrepreneur, investor, or a fan wondering how money and legacy intersect in sports, this conversation delivers strategic, values-driven insights for building long-term wealth.

00:00 – Introduction to Mark Wade and CAZ Investments
02:00 – How Mark transitioned from healthcare to private equity
04:30 – What makes CAZ Investments unique in alternative investing
06:45 – The rise of private equity in sports
10:15 – Why minority stakes are the key to team ownership
13:45 – Understanding sports franchise valuations and market demand
18:00 – How low leverage makes sports teams resilient investments
22:30 – The fan experience vs. profit dilemma
27:00 – College sports, NIL, and the “Wild West” of private capital
32:00 – Why billionaire demand is surging for sports franchises

This episode is hosted by Matt Johns author and host of Purpose Driven Capital.

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DISCLAIMER: This video represents the views and opinions of it's guest and does not reflect the views and opinions of HoneyHive Capital Partners LLC. Nothing in this video nor any communications from it should be treated as constituting financial, investmen...