Neymar has reportedly agreed a five-year deal with Barcelona, which will include a €230 million release clause.
According to Joaquim Piera of Sport, both club and player have "reached an agreement" regarding the contract, which Neymar is set to sign in July. It will keep the Brazilian at the Camp Nou until 2021, with the 24-year-old having the option of taking a sixth year.
His wages will increase "substantially," making him "the second-highest-paid player behind Lionel Messi."
Rumours linking Neymar with a move away have persisted for some time, with the MailOnline's Kieran Gill recently reporting Paris Saint-Germain were weighing up the decision to meet his £153 million buyout clause and that Manchester United are also interested.