The parties are still debating whether the new contract will be valid for one or two years. The renovation also involves greater brand exposure and Flamengo activations for the company.
Flamengo's current relationship with Pixbet ends at the end of this year. The forecast was the payment of R$ 48 million (US$ 10m) in two years.
Currently, the Pixbet brand is displayed on the shoulder blade of Flamengo's jersey.
The red-black uniform still counts on Banco BRB, which is the master sponsor, Sil Fios e Cabos Elétricos, Mercado Livre and Assist Card.
Source: GMB