Flamengo is close to renewing its contract with another sponsor: Pixbet. The amounts involved in the contract are around R$ 43 million per year.
It is a considerable amount and can even be used to hire new reinforcements. to the club
Negotiations are underway to determine the duration of the contract with the bookmaker, which could be one or two years.
Currently, the current contract is worth BRL 48 million for two years and will come to an end at the end of this year. Therefore, the club’s earnings from sponsorship should increase significantly.
Currently the Pixbet brand is displayed on the shoulder of the shirt, close to the shoulders, and the value does not refer to the main sponsorship.
In 2022, for example, Flamengo made a profit of BRL 150 million through sponsorships.
Among the sponsors are: Sil Fios e Cabos Elétricos, Mercado Livre, Assist Card and Bank BRB.
The latter, being the main sponsor, displays its brand in the center of the shirt, at belly level, and was the last to renew its contract with the club.
Banco BRB seeks to extend partnership with Flamengo
Banco BRB wants to establish a lasting partnership with Flamengo.
Although the renewed contract was shorter than usual, lasting only six months, until the end of the year, the intention is to continue with the partnership.
Recently, the parties obtained judicial authorization to work together, through the digital bank Nação BRB.
Despite the short contract, it is still advantageous. To have its brand stamped on the uniforms of the professional team, youth teams and women’s football, the bank pays the club R$ 22.5 million.
The previous contract was worth BRL 32 million per year. However, given the duration of just six months, Flamengo benefits from this situation.
About Pixbet
Pixbet aims to offer its customers the best betting and casino experience combined with industry-leading customer support.
On the site you can find a leading sports market that offers a wide variety of sports and live betting on numerous national and international sporting events.
