by Tom Conn | Posted on Friday, November 1st, 2013
Real Madrid has reportedly renegotiated the contract of goalkeeper, Diego Lopez, which will double the 32-year-old’s current wages and pay an estimated €4.5 million per year (before tax deductions) for the remaining four years of his contract.
According to Spanish sports daily, Marca, Lopez’s representatives and Real Madrid were in negotiations for several months after it was clear that the former Real Madrid youth product was part of manager, Carlo Ancelotti’s long-term plans and the negotiations were said to be amicable and went according to plan.
As part of Lopez’s new deal there is a fixed amount of wages, a variable amount of additives and a percentage of the player’s image rights, which added up could equal up to €4.5 million.
The club did not increase the length of the player’s original contract, which runs until the end of the 2016-17 season, where he will be 35 years of age.
Marca also notes that Real Madrid will not likely announced the renegotiated contract, so as not to fuel controversy and not take away from the player’s performance on the pitch.