{"id":197649,"date":"2025-08-14T11:56:50","date_gmt":"2025-08-14T14:56:50","guid":{"rendered":"https:\/\/igamingbrazil.com\/nao-categorizado\/2025\/08\/14\/flamengo-officially-announces-the-end-of-its-contract-with-pixbet\/"},"modified":"2025-08-14T12:53:25","modified_gmt":"2025-08-14T15:53:25","slug":"flamengo-officially-announces-the-end-of-its-contract-with-pixbet","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/bookmakers\/2025\/08\/14\/flamengo-officially-announces-the-end-of-its-contract-with-pixbet\/","title":{"rendered":"Flamengo officially announces the end of its contract with Pixbet"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Pixbet, a master sponsor for almost two seasons, will no longer occupy the main space on Flamengo&#8217;s shirt. <strong>The <a href=\"https:\/\/www.flamengo.com.br\/\">club<\/a> announced, through a statement, the early <a href=\"https:\/\/igamingbrazil.com\/en\/bookmakers\/2025\/08\/12\/superbet-betano-and-sportingbet-target-pixbet-space-on-flamengos-uniform\/\">termination of the contract<\/a><\/strong>, in an amicable manner, with the bookmaker, this Wednesday (13). The agreement was supposed to run until December of this year, with the possibility of renewal until 2027. <\/p>\n\n<p class=\"wp-block-paragraph\">According to information from GE, the company had forwarded the termination following dissatisfaction with the late payment of installments by the sportsbook. <\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Pixbet has been the master sponsor since January 2024 and the expected payment was R$125 million per season.<\/strong> That is, if the contract were renewed until 2027.<\/p>\n\n<p class=\"wp-block-paragraph\">Flamengo is currently in negotiations to secure another sponsor as soon as possible. <strong>Three betting houses are emerging as options for this space. One of them is Betano, and the others are <a href=\"https:\/\/igamingbrazil.com\/en\/bookmakers\/2025\/08\/12\/superbet-betano-and-sportingbet-target-pixbet-space-on-flamengos-uniform\/\">Superbet <\/a>and Sportingbet. <\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">Two of them offered three-year contracts worth over R$200 million per season. According to internal information, Sportingbet is offering a similar financial offer, but the contract length was not disclosed. <\/p>\n\n<p class=\"wp-block-paragraph\">The board&#8217;s goal now is to avoid an auction atmosphere and continue negotiations separately. Supernet&#8217;s proposal would exceed the company&#8217;s contract with S\u00e3o Paulo, which is worth R$600 million through 2030, and could reach R$1 billion with targets.  <\/p>\n\n<p class=\"wp-block-paragraph\">However, <strong>the contract that Flamengo wants to close is probably to occupy the place of the biggest sponsorship contract in Brazil.<\/strong><\/p>\n\n<h2 class=\"wp-block-heading\">Check out Flamengo&#8217;s note<\/h2>\n\n<p class=\"wp-block-paragraph\">&#8220;<em>Clube de Regatas do Flamengo announces that today, after four years of successful partnership, it has mutually and amicably terminated its sponsorship agreement with Pixbet. The partnership also included a licensing agreement for the Flabet brand. <\/em><\/p>\n\n<p class=\"wp-block-paragraph\"><em>The contract with Pixbet was the largest club sponsorship deal ever made in Brazil. Together, we won several championships: the 2022 Libertadores, the 2022 and 2024 Copa do Brasil, the 2024 and 2025 Campeonato Carioca, and the 2025 Supercopa do Brasil. The Club is grateful for the partnership and wishes Pixbet every success.  <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pixbet, a master sponsor for almost two seasons, will no longer occupy the main space on Flamengo&#8217;s shirt. The club announced, through a statement, the early termination of the contract, [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":197622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14873],"tags":[3177,15335,6995],"class_list":["post-197649","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bookmakers","tag-flamengo-en","tag-football-sponsorship","tag-pixbet-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Flamengo officially announces the end of its contract with Pixbet - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"PixBet has been Flamengo&#039;s master sponsor since January 2024 and the expected payment was R$125 million per season.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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