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Leagues and Governing Bodies

As Corporate Partner, Marin Has Ability To Choose Where World Cup Profits Go

When he took over the presidency of the Brazilian Football Confederation (CBF) and the 2014 World Cup Local Organizing Committee (COL), José Maria Marin "promised total transparency" in both organizations, according to Michel Castellar of LANGENET.com.br. But judging by the new social contract of the COL, "he is on track to follow the steps" of his predecessor, Ricardo Teixeira. The last changes to the COL contract, which were made official by Marin himself, gave him .01% of equity participation. The other 99.9% belonging to the CBF, which he runs himself (LANCENET.com.br, 7/18). UOL.com.br reported that as a corporate partner, Marin "has the power to decide on the destination of revenues" from the COL. In the contract, paragraph 1 of clause 17 grants to corporate partners the power to "decide on the destination of annual profits," or the right to deposit them in an account for later distribution (UOL.com.br, 7/18).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

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