The 22-year-old has signed a new five-year deal with the Spanish heavyweights, keeping him at Santiago Bernabeu until 2028.
Rodrygo had two years left to run on his previous deal, but his new deal reaffirms his commitment to the club and vice versa.
His new contract has been in the pipeline since July last year but has now been rubber-stamped by both parties and includes a ridiculous release clause valued at €1 billion.
Madrid forked out €45m to snap up Rodrygo from Santos in 2018, but the Brazil international only linked up with the Los Blancos squad when he was old enough in 2019.
He has proven to be a value-for-money acquisition for Madrid since he arrived, notching 39 goals and 33 assists in 179 appearances, establishing himself as a pivotal part of the Los Blancos squad.
In his four seasons with the record European champions, Rodrygo has won eight titles, including one Champions League, two La Liga trophies and a Copa del Rey.
The Brazilian has not started the 2023/24 campaign in the best form, notching just two goals and an assist in 14 appearances across all competitions.
He has struggled to make any significant impact despite racking up over 1,000 minutes of football. But the Spanish giants retain faith in his ability and remain committed to him for the foreseeable future.
Rodrygo’s new contract comes after his countryman Vinicius Junior pledged his allegiance to Madrid earlier this week after signing a four-year deal.
The 23-year-old has already notched three goals and three assists in ten games across all competitions after shrugging off a hamstring problem earlier this season.
Centre-back Eder Militao has also signed a new deal until 2027, with an official announcement expected to follow soon. Federico Valverde and Eduardo Camavinga are also in line for contract extensions.
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