The San Francisco 49ers announced on Friday Paraag Marathe has been named President of 49ers Enterprises and will oversee outside business ventures, advisory efforts, and major investment opportunities for the club. Marathe will also continue in his role with the 49ers as Executive Vice President of Football Operations, serving as the team’s chief contract negotiator and salary cap architect, among other football duties.
“I am extremely proud of the significant growth our organization has experienced in recent years and the direction we are headed,” said 49ers CEO Jed York. “Paraag has been vital to our success in all facets of our organization for the last 17 years, and it is no surprise that his work towards growing our business and broadening the scope of our brand has been tremendous.