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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 ...

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Tags: Marketing and Sponsorship, Brazil

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