The Brazilian forward has become a key man for the Blancos in 2021-22 and is expected to see that standing recognised in fresh terms
Vinicius Junior is one of the five lowest-paid players at Real Madrid, Goal has learned, but talks over a new contract for the Brazilian forward are yet to be opened.
The talented 21-year-old has been at Santiago Bernabeu since completing a €45 million (£39m/$53m) move from Flamengo in 2018.
He is now up to 125 appearances for the Blancos, with a five-goal return through seven outings this season seeing full potential unlocked in a hot prospect.