Cristiano Ronaldo signs new deal at Real Madrid
Real did not provide details but said the 2008 World Player of the Year and club president Florentino Perez would appear at a ceremony at the Bernabeu stadium later today.
Spanish media reported Ronaldo's new deal extends his contract by three years to 2018 and lifts his net annual salary to €17 million.
Ronaldo joined Real from Manchester United in 2009 for what was then a world record fee of 94 million euros.
The 28-year-old has scored 203 goals in 203 official games for the Spanish giants, helping them to a La Liga title in the 2011-12 season and a King's Cup triumph in 2011 but falling short in the Champions League.