Velocity Capital Management
NBA, Infront part of Videocites’ $10m funding round
AI-based video tracking and analytics company Videocites has received $10m (€9.4
Arne Rees on establishing a new sports investment entity
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Arne Rees, co-founder of the newly formed Velocity Capital Management. Fisher and Russo also discuss the $30m (€31.2m) round of funding for Athletes Unlimited, continued change and turbulence in United States college sports, the National Football League’s accelerating push for greater internationalization, collector impacts surrounding the historic home run chase of Major League Baseball superstar Aaron Judge, and heightened legal friction between the PGA Tour and LIV Golf.
Patrick Crakes on navigating a transforming media landscape
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Patrick Crakes, principal of Crakes Media. Fisher and Russo also discuss Robert Sarver’s decision to sell the National Basketball Association’s Phoenix Suns and Women’s National Basketball Association’s Phoenix Mercury, Apple’s sponsorship of the National Football League’s Super Bowl Halftime Show, the upcoming 2022-23 National Hockey League season, the debut of sports-focused investment firm Velocity Capital Management, and the infusion of Apple TV+ series Ted Lasso into the sports industry.
Abrams, Rees form Velocity Capital Management
Veteran sports industry executives David Abrams and Arne Rees have formed the investment firm Velocity Capital Management, which plans to invest up to $50m (€50m) in early-stage sports, media, and entertainment c…