Barcelona have announced Neymar has put pen to paper on a new five-year deal keeping him at the club until 2021.
Neymar, 24, had entered the final two years of his preview deal and there had been an air of uncertainty over his future at the La Liga champions.
However, the Brazil international has now agreed terms to a new long-term deal at Barcelona to make him one of the highest earning players at the club.
His new contract will see his release clause increase to €222m (£185.7m) in the second year of his deal before rising to €250m (£209m) for the final three years.
Neymar finished last season as the second highest rated player across Europe’s top five leagues after scoring 24 goals and registering 12 assists in 34 appearances.
For more stats on Neymar, click here to visit his WhoScored player page