Leicester players are due be rewarded for progressing as Champions League group winners with a bonus of around £100,000 per person.
Terms agreed among the squad with the club before the start of the campaign are understood to provide the six-figure amount for reaching the knock-out stages.
Leicester will receive €5.5million (approximately £4.6m) from UEFA for taking part in the round of 16, with €1.5m (£1.3m) per group win and €500,000 (£420,000) per group draw also due to the English champions, adding €6.5m (£5.6m) to their overall prize money as stands after collecting 13 points.
Leicester players will get roughly a quarter of this total pool, equating to €3m (£2.