SANTA CLARA -– San Francisco 49ers president Paraag Marathe will take a larger role in the organization's outside business ventures, including the Sacramento Republic soccer team, a source told CSNBayArea.com on Thursday night.
Marathe will remain with his current title and job description through the Super Bowl 50, which will be played Feb. 7 at Levi’s Stadium in Santa Clara, sources said.
Even after his reassignment, Marathe will continue to manage the 49ers’ salary cap and remain as the team’s top contract negotiator. He is not expected to retain the title of 49ers president, a source said.
Marathe is in his 15th season with the 49ers and his second as club president. He spent the three previous years as the 49ers’ chief operating officer. He has grown increasingly active in the 49ers’ outside business interests, including the soccer team and VenueNext, the startup that created the team’s Levi's Stadium app.
Marathe was the 49ers’ point person as the organization took a minority stake in Sacramento Republic FC in January. The soccer club has a proposal to build a new stadium in Sacramento and hopes to gain entry into Major League Soccer. Marathe worked closely with the architecture firm hired to build the soccer stadium, HNTB, which also designed Levi’s Stadium.
Marathe took on more responsibilities in the 49ers’ outside business interests when the club hired Al Guido as the 49ers’ COO in January 2014.