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In a historic moment for Real Madrid, Kylian Mbappe was finally unveiled at the Santiago Bernabeu, marking the culmination of a long-standing pursuit by the Spanish giants.
The 25-year-old French superstar was presented to thousands of jubilant fans, solidifying his status as the latest Galactico to don the iconic white jersey.
While Mbappe in essence has been signed on a free transfer, his addition will still significantly impact Real Madrid’s finances due to salary expenditures and bonuses.
How much will Mbappe earn?
Mbappe has signed a five-year contract with Real Madrid until 2029 but with a significantly smaller salary than what he earned at PSG.
Indeed, as per L’Equipe (h/t SPORT), his salary will be well below the €72 million gross he received this past season at the Parisian club.
Despite not having to pay PSG a transfer fee, the agreement entails large financial obligations from the club.
The 2018 World Cup winner will earn a signing bonus of €150 million over the five years of his contract.
On top of that, Mbappe is all set to become the highest-paid player at Real Madrid.
His gross salary of €26 million will be more than David Alaba’s (€22.5 million) and Luka Modric’s previous salary (€21.9 million) before his contract expired in June.
To put things into perspective, two of Madrid’s best players and Ballon d’Or frontrunners, Vinicius Jr. and Jude Bellingham, currently earn a base wage of €20.8 million each year.
Moreover, Mbappe will retain 80% of his image rights, with Real Madrid holding the remaining 20%. This agreement comes after the club initially aimed to secure between 40% and 50% of his image rights.
All things considered, Mbappe’s acquisition is not coming cheap, but his immense pedigree suggests he will be worth every penny.
