BONUS: Texas Permanent Bets Big on Sports Ventures With Velocity CM

On this special bonus edition of the Bloomberg Business of Sports, Velocity Capital Management founding partner David Abrams and Texas Permanent School Fund CEO and CIO Robert "Bob" Borden detail the latter's recent anchor investment of $200 million into Velocity’s flagship Opportunity Fund. They also react to the news of legendary NFL coach Bill Belichick agreeing to terms with the University of North Carolina Tar Heels, and what it signals about future investments in the college sports landscape.They speak with hosts Michael Barr, Scarlet Fu and Damian Sassower.See omnystudio.com/listener for privacy information.