Trying to ward off interest from EPL teams and Paris Saint Germain, Barcelona agreed to extend Neymar's contract for the next five years. The 24-year-old was linked to a move away from Camp Nou throughout the summer, with speculation being fueled by the player's father.
While the details of the contract were not revealed, sources indicate that the Brazilian will become the team's second-best paid player behind Lionel Messi, who also extended his contract with Los Blaugranas earlier this year.
The club revealed the news via its Facebook feed.
Neymar is set to play his 100th La Liga match with Barcelona this Saturday, as Luis Enrique's crew faces Valencia at Mestalla Stadium.
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