Featured Story

Without A Sponsor, Brasileiro Club Palmeiras Ends Its Professional Basketball Team

Published in SportsBusiness Daily Global on 07 / 02 / 15

Brasileiro club Palmeiras "announced the end of its professional basketball team" because it could not find a new sponsor for next season, according to LANCEPRESS. Meltex, which manages the network of the club's stores, paid around R$2.5M per season as a "partner of the basketball team." After ...

Read More

Tags: Marketing and Sponsorship, Brazil

More Stories

03/27/15
Botafogo Wants Stadium Naming Rights

Brasileiro side Botafogo was "recently caught in a fight" with Rio de Janeiro's city hall to change the name of its stadium, now called the Olympic Nilton Santos stadium, according to Gentile & Konchinski of UOL. But that "could not last for long." With the Olympics in 2016, Botafogo "expects th ...

Tags: Facilities, Brazil

03/26/15
Rio 2016 To Generate 80,000 Jobs

The Rio 2016 organizing committee announced Tuesday that the event "will generate 80,000 temporary job posts," according to Dilascio & Filipo of GLOBO ESPORTE. Rio 2016 also announced that sponsorship for the Games "exceeded by 7% the goal established in 2014." According to Rio 2016, there will ...

Tags: Olympics, Brazil

03/26/15
EWC Watches Sponsors CBFA For '15

The Brazilian Confederation of American Football (CBFA) and Japanese watch company EWC Watches "closed a sponsorship deal" for '15, according to MKT ESPORTIVO. EWC Watches will "financially support" the governing body and sides as well as "provide communication services, business advice, social medi ...

Tags: Marketing and Sponsorship, Brazil

03/26/15
Netshoes Receives $45M Investment

Brazilian sporting goods conglomerate Netshoes announced Tuesday a down payment of a $45M investment from American private equity firm Riverwood Capital and finance and asset management company Int'l Finance Corp., according to Adalberto Leister Filho of MAQUINA DO ESPORTE. Riverwood Capital Owner F ...

Tags: Marketing and Sponsorship, Brazil

03/26/15
Troops For Rio 2016 Will Cost $182M

The Brazilian Armed Forces will spend R$580M ($182M) of the federal government's budget on "strategic defense security" at the 2016 Rio Olympics, the Defense Ministry announced Tuesday, according to Antônio Werneck of O GLOBO. The plan "counts on the action of around 38,000" members of the Bra ...

Tags: Olympics, Brazil

03/25/15
Brazil To Host Canoe Championships

Brazil was chosen to host the 2018 Canoe Slalom World Championship and the 2017 Canoe Freestyle World Championship, along with one phase of the Canoe Freestyle World Cup in Oct. '16. All events will take place at the Olympic Canal at the Deodoro Olympic Park in Rio de Janeiro. Brazilian Canoeing Fed ...

Tags: Events and Attractions, Brazil

03/25/15
Rio 2016 Enters Final Preparations Stage

500 days to go until the 2016 Olympic Summer Games, Rio de Janeiro enters the final preparation stage in order to get ready for the world’s biggest sporting event both in terms of facilities and infrastructure and athletic preparedness. According to the Local Organizing Committee deadlines, ...

Tags: Olympics, Brazil

03/25/15
Rio Tries To Keep Cost Of Games Low

The construction of the arenas for the Olympic Games in Rio de Janeiro is "running at full speed and the structures are starting to take shape," according to Lincoln Jr. & Barsetti of ESTADÃO. Municipal Olympic Committee (EOM) President Joaquim Monteiro de Carvalho said the tendency, thou ...

Tags: Olympics, Brazil

03/24/15
Brazil Could Host NFL Pro Bowl In '17

Brazil is reportedly a "viable candidate" to host the 2017 NFL Pro Bowl, according to Alex Marvez of FOX SPORTS. There are several reasons Brazil "is under consideration as the first non-U.S. site for the Pro Bowl." The NFL "has drawn growing interest in that South American country from a television ...

Tags: Events and Attractions, North America, Brazil

03/24/15
Marin Speaks Out About Football

Brazilian Football Federation (CBF) President José Maria Marin said that Brazilian football "is going to pass through a very difficult time," according to Samindra Kunti of INSIDE WORLD FOOTBALL. Under Marin, the Granja Comary Training Complex in Teresópolis "was revamped." The CB ...

Tags: International Football, Brazil

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug