Major League Soccer announced on Wednesday that former LA Galaxy midfielder and world soccer superstar David Beckham has exercised his option to purchase an MLS expansion team, and that he’ll be setting up shop in Miami.

Beckham joins a select group that includes some of the biggest names in sports who have made the transition from pro athlete to the man signing the checks in the boardroom.

Here’s a short list of some of the biggest names from their respective sports to make the jump from player to owner — both those that have been wildly successful, as well as those that have seen their share of struggles.