Depay takes pay cut to stay at Corinthians

Brazilian club Corinthians has reached an agreement with Dutch forward Memphis Depay to extend his contract for two years, following a decision to forgo a pay raise. The 32-year-old, who holds the Netherlands' record as the all-time top scorer with 55 goals, had previously been told his services would not be renewed due to cost concerns.

Depay expressed his delight at the extension, stating he is eager to return to work and join the team in their upcoming challenges. Corinthians' president, Osmar Stabile, revealed that Depay accepted a pay cut to secure the deal, marking the resolution of a public dispute between the player and the club. The club president thanked Depay for his dedication in staying with the team.

According to Brazilian media, Depay will receive approximately US$25 million over the extended period, which includes compensation from his initial contract and image rights, but does not factor in performance bonuses. Since joining Corinthians in September 2024, Depay has netted 20 goals in 79 appearances.