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NR Sports Acquires Pelé Brand Rights From U.S. Agency

Initial reports price the deal at US$8 million to US$18 million as Pelé’s name and image rights shift to a Brazilian manager.

Overview

  • NR Sports, the agency run by Neymar’s parents, announced the purchase at a Museu Pelé event in Santos on November 25.
  • The transfer moves control from U.S.-based Sport 10 and was publicly framed as bringing the brand back to Brazil.
  • G1 reported an estimated total cost near US$8 million including taxes and fees, while CartaCapital cited US$18 million reported by the press.
  • Official Instagram accounts for Pelé and NR Sports released a video emphasizing the repatriation theme.
  • Santos FC president Marcelo Teixeira welcomed the change, saying it opens the way for the club to negotiate commercial use of Pelé’s image.