The NBA has opened the door to sovereign wealth funds — and some of the world’s biggest want to buy in.

Qatar Investment Authority and Abu Dhabi’s fund Mubadala Capital have both shown interest in NBA teams, according to Bloomberg. The funds have a respective $450 billion and $284 billion in assets under management.

The league’s board of governors voted in December to allow sovereign wealth funds to buy up to 20% of a team, subject to league approval.

The New York Knicks could be a potential match. The team has signaled openness to selling a minority stake and has a connection to Abu Dhabi through Mubadala’s investment in equity group Silver Lake, which is an investor in Knicks owner Madison Square Garden Sports.

The NBA is also planning multiple preseason games in Abu Dhabi this September. 

Last year, Mubadala bought 20% of the media rights of the Brazilian Football League for $971 million and invested $50 million in the Supercross World Championship. Meanwhile, the QIA helped fund the 2022 World Cup and owns French soccer giants Paris Saint-Germain.

NBA teams have already welcomed private equity investors, which can own up to 30% of individual teams. The San Antonio Spurs, Sacramento Kings, and Golden State Warriors are among those teams part-owned by private equity firms.

When Vince McMahon decided to reinstate himself as executive chairman of WWE in January, after resigning due to sexual misconduct allegations over the summer, he had one thing in mind: Maximize WWE’s value as the entertainment brand explores an acquisition.

On Friday, Bloomberg reported that the 77-year-old is seeking at least $9 billion for the empire, and he may have suitors lined up to take him up on his request.

Front Office Sports previously reported Saudi Arabia’s Public Investment Fund leads the list of possible bidders for the WWE. The deep-pocketed fund has upended the golf industry with its financial backing of rebel LIV Golf’s challenge to the PGA Tour.

But the Saudis will have plenty of competition if they want the WWE. According to Bloomberg, other bidders could include Endeavor Group, which bought a controlling interest in the UFC for $4 billion in 2016, Amazon, and Disney.

Also potentially in play are Comcast’s NBCUniversal Media and Fox Corp., which already boast media deals for “Monday Night Raw” and “Friday Night Smackdown,” respectively.

One of the Premier League’s most storied clubs had reportedly been on the market for months, but it looks like Fenway Sports Group will hold onto majority control of Liverpool FC.

Liverpool principal owner John W. Henry has ruled out a full franchise sale, but said that FSG will have conversations with suitors about possibly selling a minority stake in the club.

Speaking with Boston Sports Journal before the start of Boston Red Sox spring training, the owner discussed the chatter surrounding the football club.

“Yes. I know there has been a lot of conversation and quotes about LFC, but I keep to the facts: We merely formalized an ongoing process,” Henry said. “Will we be in England forever? No. Are we selling LFC? No. Are talking with investors about LFC? Yes. Will something happen there? I believe so, but it won’t be a sale.”

A stake sale was discussed with the Qatar Investment Authority, but the sovereign wealth fund would reportedly prefer to hold a controlling stake in Liverpool rather than a minority one.

FSG also owns the Boston Red Sox, Fenway Park, the Pittsburgh Penguins, RFK Racing, and the regional sports network NESN.

Brisbane has big plans ahead of hosting its first Olympics.

On Friday, the Australian federal government and Queensland state government announced that they would spend a combined $4.9 billion on infrastructure before the city hosts the 2032 Summer Olympics.

The federal government will provide $1.7 billion to construct the proposed 17,000-seat Brisbane Arena, while the state will add $1.9 billion to renovate the Gabba Cricket Ground.

The remaining $1.3 billion will be used to build new venues or upgrade existing ones — Queensland premier Annastacia Palaszczuk says the state already has 80% of the venues needed to host the Games.

Brisbane was awarded the 2032 Games in July 2021. It will be the third Australian city to host an Olympics after Melbourne in 1956 and Sydney in 2000.

“I know, as a Sydneysider, the difference that a Games can make, and here in Queensland, this will consolidate this great city as a global city, as a global powerhouse,” prime minister Anthony Albanese said at a press conference.

This summer, Australia will co-host the FIFA Women’s World Cup with neighboring New Zealand. Over a half-million tickets have already been sold for the event.