According to Globo.com, a verbal agreement exists for Erick Pulgar's contract renewal with Flamengo. The agreement is between the player and the club's football department, with Flamengo having met the values requested by Pulgar. The deal now needs to be approved by president Bap for finalization. All parties are optimistic that an official announcement of the new contract, which will run until the end of 2028, will be made soon. Pulgar had proposals from clubs in the Middle East but gave priority to staying if he received a pay increase. His release clause was reduced to US$ 4 million for the current transfer window, making a departure more accessible, and this amount will increase with the contract renewal. Resolving Pulgar's situation is a priority for Flamengo following their qualification for the Libertadores quarterfinals.

Flamengo made progress this week on renewing Erick Pulgar's contract, offering a renewal until the end of 2028 with a salary increase. Ge reports that a financial impasse is close to a solution and that the club expects to reach an agreement on Friday.

According to Globo.com, Flamengo has offered Erick Pulgar a salary increase along with a contract extension from the end of 2027 to the end of 2028. Pulgar made a counterproposal and is awaiting a response. He is seeking a salary increase to match other players in the squad. Pulgar is willing to earn less than he could abroad to stay but wants a raise.

Flamengo announced the contract extension of midfielder Erick Pulgar until the end of 2027. The current contract was until December 2025 and was extended after prolonged negotiations with the club. Disagreements were over the release clause value, which was finally set at 6 million dollars, effective mid-2026. The announcement was made by the club's director of football, José Boto, before a press conference.