Paraag Marathe, the 49ers’ team president and Jed York’s confidante since York took over day-to-day operations of the team, will have a new title when the season ends as he concentrates on the 49ers’ outside interests, including Republic FC.
Al Guido, the 49ers’ chief operating officer, will take over as team president.
York discussed the changes in a memo to team employees Friday.
“Despite how some have chosen to portray this transition in the media, I want you to know that Paraag has been and will continue to be an instrumental member of this organization,” York wrote. “Without his contributions over the last 15 years, the successes achieved by this organization would not have been possible.”
The 49ers became a minority investor in Republic FC in January. Marathe, 38, took the lead on the negotiations and will become an equity partner in the 49ers’ interest. The minor-league team aspires to move up to Major League Soccer, and the team wants to build a 25,000-seat, $226 million stadium at the downtown railyard.
The Sacramento City Council this week voted 8-0 to approve a nonbinding term sheet for the project that outlines details of the facility’s construction.
In 2014, the 49ers completed $1.3 billion Levi’s Stadium, which was designed by HTNB, the architecture firm that also has designed the Republic’s proposed stadium. Marathe worked closely with HTNB and other stadium construction entities. Marathe’s experience in everything from stadium technology to project management to event parking is expected to be valuable for the soccer franchise.
Marathe’s experience in everything from stadium technology to project management to event parking is expected to be valuable for the soccer franchise.
“Jed, Paraag and the 49ers organization as a whole are integral to our vision for MLS in Sacramento,” Republic managing partner Kevin Nagle said in a statement. “As their chief liaison to Republic FC, Paraag in particular has brought invaluable knowledge, expertise and relationships to our stadium predevelopment work.”
Marathe also has been involved in a 49ers’ start-up company called VenueNext, which helps create apps such as the one used for navigating and ordering food and beverages at Levi’s Stadium. He will continue to work on that venture, too.
Marathe is best known as the 49ers’ top contract negotiator and salary cap specialist, and he is the head of the 49ers’ analytics department. He is expected to continue to be the team’s main contract negotiator, although Brian Hampton, the director of football administration and analytics, has handled extensive contract duties in recent seasons. Marathe will be the team president through the Super Bowl on Feb. 7 at Levi’s Stadium.
Guido already had begun taking over more of Marathe’s responsibilities inside the 49ers organization over the last six months. Guido was in charge of sales during the construction of Levi’s Stadium and was promoted to COO nearly two years ago when Gideon Yu, who was instrumental in financing Levi’s Stadium, stepped down as team president and was replaced by Marathe.
The restructuring is expected to create more of a boundary between the business and football sides of the 49ers. The team president oversees everything from stadium operations to human resources to legal affairs. Marathe did that while also handling football-related matters such contracts and the salary cap. Guido is expected to be less involved in football matters than Marathe has been.
The restructuring is expected to create more of a boundary between the business and football sides of the 49ers.
Marathe has been York’s right-hand man since he took over the day-to-day operations from his father nine years ago. York’s official title is CEO. Marathe typically accompanies the team on trips and watches games alongside general manager Trent Baalke.