Brazil: Flamengo Notifies Pixbet After Receiving Master Sponsorship Offer

Brazil, August 12, 2025 – www.zonadeazar.com – Flamengo will notify Pixbet, the club’s current master sponsor, about receiving a proposal from another betting company to take over the main spot on the jersey. The move follows a formal offer from a competitor.

Brazil’s Largest Master Sponsorship Deal

Pixbet’s current deal is the most valuable in Brazilian football:

  • R$ 105 million in the first year

  • R$ 115 million in the second

  • R$ 125 million in the third
    Plus bonus royalties linked to the FlaBet brand.

Termination Clause and Right of First Refusal

The contract includes a proportional termination fee, estimated between R$ 35 million and R$ 40 million. Pixbet has the right to match the incoming offer; if not, the deal may not be renewed.

Key Meeting Between Flamengo and Pixbet

Representatives from both sides will meet today to formalize the notification. The final decision will depend on Pixbet’s response to the new proposal.

About Pixbet

Pixbet is a Brazilian sports betting and online casino platform offering competitive odds, a mobile-friendly interface, and strong security measures, operating under Federal Law No. 14,790/2023.

🔗 Edited by: @_fonta – www.zonadeazar.com

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