Corinthians' deal with Memphis, the figures and total cost

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·19 August 2026

Corinthians' deal with Memphis, the figures and total cost

After intense negotiations that were at one point considered “over,” Corinthians officially announced the contract renewal of Dutch forward Memphis Depay.

The new deal runs until July 31, 2028, and was made possible after the player agreed to salary cuts, the renegotiation of old debts, and the removal of perks.

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Below are the figures and the total cost of Corinthians’ agreement with the Dutch star, according to ge.

Figures of the new contract

The total cost of the deal for Corinthians will be approximately R$ 135 million, in addition to R$ 7.7 million earmarked for marketing activities.

The player will receive around R$ 103.7 million in net fixed amounts.

See the breakdown of the costs:

Salaries and Image Rights: The Dutch player will receive R$ 54 million net over 24 months. For the club, with labor charges included (FGTS, vacation pay, 13th salary, income tax, and fees), the final cost of this portion will be R$ 79 million.
Marketing Budget: It was cut in half (from R$ 15.4 million to R$ 7.7 million). The club will seek commercial partners to cover this amount in exchange for the use of the athlete’s image; if it cannot, Corinthians will bear the cost.

Debt renegotiation

The new agreement also includes the settlement of overdue amounts related to his first contract, signed in September 2024 during the administration of former president Augusto Melo.

The debt, originally calculated by the finance department at R$ 77 million, was reduced after an agreement with Memphis to R$ 42 million net.
The amount will be paid in four semiannual installments of R$ 10.5 million, starting only in January 2027.
Due to exchange-rate conversions for payments abroad (such as signing bonuses) and charges on old bonuses, this operation will cost the club a total of R$ 56 million.

End of the “perks”

To make the renewal fit within the club’s budget, Memphis Depay gave up privileges that had been included in the previous contract:

End of Housing Assistance: Corinthians will no longer pay the monthly R$ 250,000 allowance that covered the player’s stay at the luxurious Rosewood hotel. This represents savings of R$ 6 million over the two years of the contract.
Team Bonuses Instead of Individual Ones: The new deal no longer includes rewarded individual targets (such as extra money for matches played, goals scored, or titles won). Now, Memphis will receive only the so-called “bicho,” the same performance bonus distributed to the rest of the squad.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.

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