Spanish La Liga, and UEFA Champions League winners, Real Madrid have completed the contract renewal of Vinicius Jr which will keep him at the club until 2026.
The 21-year-old Brazilian attacker had a fantastic season for Carlo Ancelotti’s team, scoring 22 goals and assisting 20 times in 52 appearances. He played a key role in Real Madrid’s reclaim of the LaLiga title with several games to spare.
He also played a crucial role in the club’s 14th European title, scoring the game’s only goal against Liverpool in the final. The Brazilian is still bound by the conditions of the contract he signed when he was just a talented teenager with little first-team experience and a lot of promise when he arrived from South America.
Then, he was entitled to a salary of €3.5 million per year. Based on his new deal with the Spanish giants, his annual salary will increase to €10 million. He is entitled to a couple of bonuses aside from the aforementioned wages.
Vinicius’ new contract will put him at the same blanket as Ferland Mendy and Karim Benzema in the club’s wage structure, and close to the club’s highest earners, such as Eden Hazard, who currently earns €26 million per year.
As mentioned earlier, Vinicius Jr’s contract extension is expected to keep him at the club for at least another two years.
His new contract will therefore expire in 2026, with the possibility of a 12-month extension. In terms of his release clause, Real Madrid followed Barcelona’s lead by placing a €1 billion price tag on Vinicius Jr to show how important the Brazilian youngster has become.
The outrageous release clause is now standard practice in La Liga. It serves as a deterrent to teams that might want to lure the players away prematurely.
Futballnews gathered from a reliable source that Vinicius Jr’s new Real Madrid contract is expected to be worth at least €40 million in total.
Before now, some Real Madrid fans were left disappointed at the decision of Paris Saint-Germain’s Kylian Mbappe to snub the club for a humongous contract extension at PSG. Recall that the Frenchman was linked with a move to Real Madrid this summer before he renewed his stay at PSG.
According to multiple reports, Mbappe has always said that his dream is to play for Real Madrid. But he decided to halt his dream, when the opportunity came, for a lucrative deal in France.
The renewal of Vinicius Jr’s contract can be seen as a way to compensate Real Madrid fans because Vini has become the club’s fans’ favorite, especially after an outstanding 2021-2022 season in Spain.
