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Nick Saban joins Nashville Predators as part of minority ownership group

by: Alex Byington6 hours ago_AlexByington

Former Alabama head football coach Nick Saban is joining the NHL — well sort of. Saban and financial partner Joe Agresti have purchased a minority stake in the NHL’s Nashville Predators franchise, the team announced Tuesday afternoon.

Predators chairman and majority owner Bill Haslam, the former Tennessee governor, announced the move on Tuesday, revealing Saban and Agresti joined the Dream Sports Ventures LLC minority ownership group that primarily consists of Nashville season ticket holders and local residents, according to the team’s press release.

“I am really looking forward to having Coach Nick Saban and Joe Agresti as a part of our ownership group,” Haslam said in the release. “Coach is one of the all-time greats in college football history and one of the winningest coaches in all of sports. We are excited to have him join us in our pursuit of championships on the ice in Nashville.”

The 74-year-old Saban and Agresti are longtime partners on several lucrative business ventures, including Dream Motor Group, which owns 10 luxury car dealerships throughout the Southeast, including two in the Nashville area: the Mercedes-Benz of Music City and Prancing Horse of Nashville, a Ferrari dealership purchased in 2022. Saban also co-owns several dealerships in Alabama, including Toyota of Montgomery and Lexus of Montgomery, as well as Mercedes-Benz dealerships in Birmingham and Irondale.

“Although I am now retired as a coach, I still possess a competitive nature and a great passion for sports,” Saban said in the team’s press release. “Being involved in a sports team in Nashville has always been a goal and the opportunity to partner in the Predators with a class act like Bill Haslam created the perfect scenario for us. The Preds are a great organization with a fantastic brand, and we are excited to be part of the future success of the franchise.”

Agresti and Saban have been partners since 2013, with the Baton Rouge businessman recently becoming a billionaire according to Forbes, which revealed Saban “isn’t far behind, meaning he’s set to because the first billionaire college football coach” in an April article titled The Man Who Will Make Nick Saban A Billionaire. It’s one heck of a financial climb for Saban, who grew up in rural West Virginia as the son of a youth football coach who owned a small service station in tiny Monongah, WV.