He's staying with Timão! Memphis Depay accepts a pay cut and signs a 2-year contract extension with Corinthians

Deal Sealed: Dutch Star Extends Contract at Parque São Jorge

Corinthians fans can breathe a sigh of relief and celebrate: Memphis Depay will continue to wear the black-and-white jersey for two more seasons. The Dutch forward compromised on his initial financial demands to make the deal possible, which was officially confirmed by the leadership of Corinthians.

Financial Terms and Structure of the New Contract

To keep the star player on the roster without compromising the club’s financial health, Corinthians devised a strategic payment structure. The new contract will yield R$ 24 million in salary and R$ 28 million in image rights over its 24-month term.

The negotiated package also includes the structured, installment-based settlement of prior outstanding obligations totaling R$ 42 million. With the deal finalized, Memphis reaffirms his starring role on the team and focuses on winning titles in upcoming competitions.