Santos agrees three-year Novibet shirt deal worth up to R$85m annually
Santos has signed Novibet as its main shirt sponsor for three seasons, according to the report. The fixed payment is R$35 million a year, with a further R$50 million projected annually from a share of revenue generated by new Santos supporters using the betting platform; the club expects to announce the agreement shortly.
The deal links Santos’ sponsorship income to betting-platform activity and includes performance-related bonuses.