BARCELONA, Spain – Barcelona forward Neymar signed a three-year contract extension on Friday, tying him to the Spanish champion until 2021.
Barcelona announced Neymar’s agreement to the terms of a new deal in July.
The new deal includes a buyout clause that increases from 200 million euros ($217 million) in its first year, to 220 million euros in the second year, to 250 million euros in the third year.
The 24-year-old Neymar joined Barcelona from Brazilian club Santos in 2013.
He has scored 91 goals in 150 matches, including six goals in nine matches this season.
Forming a dominant attacking trio with Lionel Messi and Luis Suarez, he has helped Barcelona win the Champions League, two Spanish leagues, two Copa del Rey trophies, and the Club World Cup.