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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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COB To Open 2016 Olympic Museum In Rio

Rio de Janeiro will soon have its own museum dedicated to Brazil's Olympic history. Following an agreement signed on Friday by the Brazilian Olympic Committee (COB), the museum will be built on the Ilha de Pombeba in Barra da Tijuca, just behind the Athletes' Village. The area will also be the ...

Tags: Olympics, Brazil

CBF Del Nero Takes Steps To Cooperate

Brazilian Football Federation (CBF) President Marco Polo Del Nero left the FIFA Congress a day early to "return to Brazil" and handle the "crisis" at the CBF, according to MAQUINA DO ESPORTE. Del Nero's return "is directly linked" to the arrest of former President José Maria Marin . The ...

Tags: Brazil, International Football

FIFA: Indictment Claims Brazilian 'Bribes'

The football corruption investigations of the U.S. Department of Justice indicated that former Brazilian Football Federation (CBF) President José Maria Marin, one of Wednesday's arrested FIFA execs , "shared bribes" for the commercial rights of the Copa do Brasil with predecessor Ricardo T ...

Tags: International Football, Brazil

FIFA: CBF, American Sportswear Company Linked

The indictment of FIFA officials by a U.S. grand jury said that an unidentified sportswear company "bribed" a Brazilian football official for a sponsorship deal -- a deal that "seems to mirror one obtained by Nike," according to Townsend & Panja of BLOOMBERG. The indictment "refers to a U.S. c ...

Tags: International Football, Brazil

ESPN Acquires Rights To Serie A In Brazil

ESPN Int'l reached a broad multimedia rights agreement with Fox Sport Latin America to broadcast Serie A in Brazil, effective '15-16 through '17-18. Fox Sports secured the Lega Calcio rights via agency MP Silva. Under the agreement, ESPN and Fox Sports will divide the matches equally for Serie A. ES ...

Tags: Media, Brazil

Rio 2016 Pays Manaus An Inspection Visit

Members of the Rio 2016 organizing committee "paid a technical visit" on Tuesday to the Arena Amazônia in Manaus to inspect and analyze the structure "offered by the city for the Olympic football tournament," according to GLOBO ESPORTE. Rio 2016 members also "exchanged experiences with local p ...

Tags: Olympics, Brazil

Fluminense Settles 13 Late Salaries

This season has "not been easy" in terms of finances for Brasileiro side Fluminense as the club "paid 13 late player and employee salaries on Tuesday alone and it still owes" salaries for the month of April and two months of image rights to players, according to LANCEPRESS. After the loss of sponsor ...

Tags: Finance, Brazil

Rio To Open $2M Weightlifting Center

Brazilian weightlifting "will receive a modern training center in the coming months" as a result of an approximately R$6M ($2M) investment from the country's ministries of sports and defense, according to Flávio Dilascio of GLOBO ESPORTE. The center will be built in Rio de Janeiro's Adalberto ...

Tags: Facilities, Brazil

ESPN Acquires Bundesliga Rights In Brazil

ESPN Int'l reached a multimedia rights agreement with Fox Sports Latin America to continue broadcasting the Bundesliga in Brazil, effective from '15-16 through '17-18. Under the agreement, Fox Sports will provide ESPN with exclusive rights to half of the Bundesliga matches per season, some relegati ...

Tags: Media, Brazil

Romário Demands Answers From CBF

Brazilian senator and former footballer Romário "wants congress to examine the secret contracts " made by the Brazilian Football Federation (CBF), especially agreements involving the national team, according to Jamil Chade of ESTADÃO. Romário said that explanations "must be giv ...

Tags: International Football, Brazil

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