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ABC da Construção, Pixbet and Havan have their sponsorship contracts approved by CODE

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In a vote held Wednesday night at the Gávea headquarters, the Deliberative Council of Clube de Regatas do Flamengo overwhelmingly approved three sponsorship contracts. The companies are Pixbet, ABC da Construção, and Havan.

The contract with betting company Pixbet, which will occupy the jersey's shoulder, will be worth R$48 million and will run until the end of 2023. There will be four payments of R$12 million, the first of which will be made immediately. The company replaces the space previously occupied by Sportsbet.io.

Another contract also approved by a large majority was that of Havan. The department store chain will display its logo on the sleeve of its shirts until the end of 2022. The company paid R$6,3 million for the space in 2021, doubled its investment, and will inject R$12,6 million next year.

Flamengo also unanimously approved and doubled its sponsorship contract with ABC da Construção, which features its brand on the men's professional soccer shorts. The agreement, which is now ending and will be renewed, was for one year and cost R$2,5 million. The new contract will provide Flamengo with R$10 million through the end of 2023. The new agreement also includes support for the club's men's basketball, women's soccer, and under-20 soccer teams.