Paraag Marathe has held key roles within the San Francisco 49ers for over 23 years. As President of 49ers Enterprises and Executive VP of Football Ops, he manages money matters and directs football strategies. His expertise lies in negotiating contracts and handling the team’s salary cap, keeping in line with NFL rules.
Working closely with General Manager John Lynch and Coach Kyle Shanahan, he guides all aspects of the team’s football operations. Marathe’s efforts have been crucial in building and retaining the team’s roster by securing contracts for pivotal players like Arik Armstead, Javon Hargrave, Kyle Juszczyk, George Kittle, Deebo Samuel, Fred Warner, and Trent Williams.
His astute management ensures the team remains competitive within the salary cap boundaries. Moreover, Marathe co-chairs the NFL’s Future of Football Committee, solidifying his influence in the league.
Paraag Marathe Early Life, Education & Childhood
As of 2023, Paraag is approximately 46 years old. Hailing from Saratoga, CA, Marathe’s love for the 49ers began in his early years. A devoted Bay Area sports enthusiast, he hardly missed a 49ers game since age six.
His strong ties to the Bay Area are evident through his academic achievements, earning a high-honors bachelor’s degree from the Haas School of Business at the University of California-Berkeley and an MBA from Stanford University’s Graduate School of Business.
Career
Paraag served in the position of chairman for the USA Cricket. During that time, he made every possible effort so that ICC would recognize the USA for international matches. Eventually, the USA Cricket became the 105th member, which worked together to develop a world-class T20 professional cricket league in the United States.
After resigning from the cricket council in May 2022, he started serving the designation of President for the San Francisco 49ers. He would lead the strategic investment in the Leeds United Football Club and manage other sports business ventures.
As of July 2023, the San Francisco 49ers Enterprise became the 100% owner of the storied English soccer team, with Marathe becoming the club’s chairman. The group, 49ers Enterprises, and the efforts of Marathe have been committed to the success of Leeds United Football Club for over or more than five years.
Paraag is overseeing all the sports and business operations and is making his efforts for the strategies to fight for the promotion of the team to the Premier League in the 2023-2024 season.
Marathe has served as President from 2014 to 2016, and during the same time or before that, he served the Chief Operating Officer designation from 2010 to 2013. During that time, he oversaw the development of Levi’s Stadium and brought various unparalleled experiences to the venue.
Overview
- 1997 to 1999, International Management Group (IMG) – Account Associate
- 1999 to 2001, Bain & Company – Senior Associate Consultant
- 2001 to Present, San Francisco 49ers – President
- Teaching – 2018 to 2023 | GSBGEN 339: Negotiation Dynamics in Sports, Entertainment and Media | Management and MBA Courses
Paraag Marathe Biography |
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Real Name | Paraag Marathe |
Birth Date | 1976-1977 |
Age (as of 2023) | – |
Birth Place | Sunnyvale, California, U.S. |
Profession | Entrepreneur |
College | University of California-Berkeley |
Qualification | Graduate |
Physical Statistics |
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Height | in feet inches – 5’ 9” – in Centimeters – 175 cm |
Weight | in Kilograms – 84 kg – in Pounds – 185 lbs |
Hair Color | Dark Brown |
Eye Color | Dark Brown |
Family |
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Father | – |
Mother | – |
Sister | – |
Brother | – |
Relationship Status |
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Marital Status | Married |
Who is his wife? | Jennifer Marathe |
Children | Two (Juniper, Maren) |
Personal Life
Paraag Marathe is a happy-living married man. His wife is Jennifer, and he has two daughters, Juniper and Maren, living in Los Altos, CA. Paraag served a designation on the Board of the Sequoia Hospital Foundation, where his daughters were born.
Social Media
Paraag is not socially active or has yet to be available on any social media profile like Facebook, Twitter, Instagram, and LinkedIn. However, he has been highlighted by websites like Stanford Business, 49ers.com, Leeds United Football Club, Sports Analytics Conference, and Forbes.
Paraag Marathe Net Worth
Paraag has been hyperactive in the sports industry for more than 2 decades now. During the span of time, he has achieved so much fame along with wealth as well. His net worth is estimated at more than $ 200 million.
Drawing from his extensive involvement across various levels in sports organization operations and commercial aspects, Marathe offers a distinctive viewpoint in his work. His esteemed standing within the industry was acknowledged when he was chosen for the Sports Business Journal’s Forty Under 40 cohort in 2015.
Additionally, Marathe received the Johnnie L. Cochran Salute to Excellence Award twice (in 2012 and 2019) from the Fritz Pollard Alliance. This award recognizes exceptional individuals and organizations that showcase remarkable performances on the field and in administrative roles, championing diversity, bravery, and outstanding achievement across the United States.
Trivia
- Paraag Marathe, in between his career at the 49ers, taught Management and co-taught MBA courses at Stanford’s Graduate School of Business.
- For the office, exemplary performance in the field, and having his name all over the United States, he received “the Fritz Pollard Alliance’s Johnnie L. Cochran Salute to Excellence Award” two times in 2012 and 2019.
- In 2015, he was selected as the Journal’s Forty Under 40 class in the Sports Business category.