MAR 7 DE MAYO DE 2024 - 08:28hs.
Millionaire sponsorship

Sportsbet.io to pay extra US$ 360k if gets 25,000 entries redirected by Flamengo

The Flamengo Deliberative Council voted on Tuesday night (12th), the new sponsorship agreement with Sportsbet.io, which already had its brand displayed on the shoulder blade of the uniform of the men's football team. The deal agreed for two years, that foresees the payment of US$ 1.7m per season, also adds an extra of US$360k if Sportsbet.io reaches a total of 25,000 registrations redirected by the club.

The amount will be paid in four installments by the sports betting company, as follows: In 2020, there will be a variable of US$ 360k if Sportsbet.io reaches a total of 25,000 entries redirected by the club. In turn, in 2021, the amount increases to US$ 480k under the same conditions of the previous year.

The contract between Sportsbet.io and Flamengo, agreed for two years, provides for the payment of US$ 1.7m to Rio de Janeiro’s club per season.

The company brand will be displayed on the shoulder blades of training and match jerseys, as well as on the right side of the travel uniforms of the men's and women's team. The contract also provides for Sportsbet.io autographed shirts and specific amount of tickets for the Rio de Janeiro team's games in the Maracanã stadium. The information was first disclosed by journalist Pedro Henrique Torre, from ESPN. In addition to the new agreement, the Council also approved the uniform models for the 2021 season.

Source: GMB / Coluna do Fla