The website “Goal.com” released on Friday evening (4/11) the details of the contract between Botafogo And reebok. the partnership, made official this morning by the partiesit does not provide for a fixed contract amount or bonus in the case of bonds.
According to the report, what is stipulated in the agreement is that Botafogo will only keep the royalties (percentage of products sold), about 5% to 10%.
Also, according to “Goal.com”, Botafogo will be entitled to a maximum of 15 thousand pieces per year. Passing this amount, the club would have to pay for itself.
Botafogo’s contract with Reebok will last three years and the new kits should only debut in the 2023 Brazilian championship.. The deal was led directly by John Textor, who does business with Jamie Selter, CEO of Authentic Brands Group, owner of the North American brand.
