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Gretzky has owned or partnered in the ownership of two sports teams before becoming a partner in the Phoenix Coyotes.
In 1985, Gretzky bought the Hull Olympiques of the Quebec Major Junior Hockey League for $ 175, 000 CA.
During his ownership, the team's colours were changed to silver and black, presaging the change in team jersey colours when he played for the Los Angeles Kings.
For the first season that Gretzky played in Los Angeles, the Kings had their training camp at the Olympiques ' arena.
Gretzky eventually sold the team in 1992 for $ 550, 000 CA.

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