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)​.


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