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Kylian Mbappé's much-anticipated move to Real Madrid is official.
The club announced on Monday that Mbappé has signed his contract.
Per ESPN's Julien Laurens and Alex Kirkland, Mbappé's deal is for five years at $16.2 million annually after taxes.
Laurens and Kirkland noted Mbappé appeared to tell France President Emmanuel Macron that the deal would be announced on Monday.
Mbappé's move to Real Madrid has been nearly one year in the making when it was revealed in June 2023 he wouldn't renew his contract, which had one year remaining at the time, with Paris Saint-Germain.