Vasco’s Nike deal has no fixed fees, royalties set at 12% to 18% | OneFootball

Vasco’s new Nike kit deal contains no fixed fees, with income driven by royalties of 12% to 18%. Signed on 9 May 2025, it runs from 2026 to 2032.

According to Globo.com, remuneration is limited to royalties and performance bonuses. Royalties are 12% up to 200,000 units, 15% from 200,001 to 500,000, and 18% above 500,000. Vasco declined to comment.

Men’s title bonuses range from R$50,000 to R$1.5 million, including R$600,000 for the Libertadores, R$650,000 for the Intercontinental Cup and R$400,000 for Brazilian Série A. The women’s team receives R$50,000 for the state championship.

The deal divided the board, with some preferring Puma’s richer proposal. Competitor royalties at a 400,000-piece projection were 18% to 20%, while Nike only reaches 18% beyond 500,000. Nike commits at least R$2 million a year in marketing, compared to rivals peaking at R$1 million.

At an average price of R$200, selling 400,000 units would yield R$10.8 million in royalties, R$4.8 million on the first 200,000 units at 12% and R$6 million on the next 200,000 at 15%.

If the men’s side spend two straight seasons or more outside the top flight, from year three the annual marketing minimum and royalties drop 30%. Three consecutive seasons allow either party to terminate with 12 months’ notice. Fisia will supply R$ 7.218.227,00 in football product per year, IPCA-linked, with extras offset against royalties, plus 3,000 Nike sporting items annually.

Source: Globo.com