Palmeiras is renewing its sports equipment agreement with PUMA, which expires at the end of the current season. O MKTEsportivo found that the club was close to closing with adidas, but the current partner matched the rival’s proposal, remaining in the dispute.
The specialized Our Lecture is the one who says that PUMA should remain, information has already been confirmed by MKTEsportivo. The new sponsorship will be valid for three seasons.
The new contract will yield approximately R$50 million per season, in addition to 30% in salary payments. royalties by selling official products. Bonuses for Palmeiras’ achievements on the field can bring the value to a fixed R$60 million per season. An adjustment of 25%, according to Nosso Palestra.
When information leaked that adidas was close to an agreement with Palmeiras for around R$60 million per year, Flamengo, another sponsored by the brand, began monitoring the market and decided to ask for more to renew its contract. The Rio club’s desire is to have the biggest contract for the supply of sports equipment in the country.
It is important to highlight that the new Verdão agreement has not yet been signed. Palmeiras has to make a decision by June so that the sports equipment company has time to develop the line for next season.
