Real Madrid and Kylian Mbappe have officially inked a deal that will begin on July 1, 2024. The French attacker has agreed to a five-year contract with Real Madrid, which would keep him at the team until 2029. His contract with Paris Saint-Germain (PSG) expires in June (BeSoccer Live) (TheHardTackle.com).
A substantial signing-on price estimated at €150 million is part of Mbappe’s Real Madrid contract, which breaks the record for the largest signing bonus ever (Soccer Transfer News). He will be the highest-paid player at Real Madrid with an annual salary of between €15 million and €20 million net, however, this is still less than what he currently makes at PSG (Sporting News) (BeSoccer Live).
Mbappe’s seven-year stay at PSG, where he rose to prominence, comes to an end with this departure. In order to realize a lifelong dream, Mbappe has decided to continue his career with Real Madrid despite multiple attempts by PSG to keep him, including substantial offers. (90min.com) (BeSoccer Live)
The conditions of Kylian Mbappe’s contract are being revealed by a number of sources, suggesting that his much-anticipated transfer to Real Madrid is almost complete. According to reports, Mbappe and Real Madrid have reached an agreement on a five-year contract that will pay him between €15 and €22 million annually. His first season’s salary will be €30 million, which is a little bit more (Madrid Universal) (Soccer Transfer News).
Mbappe will also get a sizeable signing bonus, thought to be worth over €120 million, in addition to his salary; however, this sum will be distributed over the course of his contract rather than all at once. (Madrid Universal). A unique Ballon d’Or clause in the contract is also significant; if he wins the coveted prize while playing for Real Madrid, the clause will pay him an additional €15 million (Madrid Universal).
In addition, Real Madrid has compromised on image rights, giving Mbappe an 80-20 share instead of the customary 50-50 arrangement with other players (Madrid Universal). Mbappe’s decision was largely influenced by his long-standing ambition to play for Real Madrid, even in spite of PSG’s attempts to keep him with a much larger offer (TheHardTackle.com) (CaughtOffside).