The 33-year-old would received a basic annual salary of £22m (€25m) plus a further £6.5m in incentivised add-ons, Spanish news outlet AS has claimed.
The Portuguese talisman would earn a staggering £550,000-a-week if he were to accept the contract but would still earn less than Barcelona rival Lionel Messi.
Real Madrid have reportedly offered Cristiano Ronaldo a new and improved contract
The Portuguese star will still earn less than Barcelona’s Lionel Messi and PSG’s Neymar
RONALDO’S BONUS INCENTIVES
Team accolade bonuses
Champions League title: £1.7million
La Liga title: £1.3million
Copa del Rey title: £900,000
Personal accolade bonuses
Ballon d’Or: £900,000
FIFA’s The Best Player: £900,000
Trofeo Pichichi: £450,000
Ronaldo, who is currently preparing for his fourth World Cup appearance with Portugal, cast doubt over his future at Real immediately after the club’s third successive Champions League title, saying: ‘It has been nice playing for Real Madrid.’
The forward is looking for an increase on his £18m annual salary to bring himself closer in pay to the likes of Messi and Neymar.
The Argentine picks up £600,000-a-week and takes home £35m-a-year with bonuses included.
With Real looking to increase Ronaldo’s salary to keep a hold of him, the Spanish giants would also offer incentivised bonuses to bring him closer to his rivals.
Ronaldo will earn an extra £1.7m for winning the Champions League among other accolades
Spanish journalist Manolo Lama reports that he would earn an extra £1.7m (€2m) for winning the Champions League, £1.3m (€1.5m) for winning La Liga and £900,00 (€1m) for the Copa del Rey.
Ronaldo will also pick up £900,000 each for winning both the Ballon d’Or and FIFA’s The Best Player prize along with £450,000 for the Trofeo Pichichi, with another £450,000 tied into making a certain number of appearances.
Lama also reports that Ronaldo’s current situation at Real is ‘complicated but can be turned around’ who believes the unhappiness over the new contract is a matter of status, saying that ‘Ronaldo could earn what he isn’t getting from the club by doing a couple of adverts.’