The Brazilian, 30, most recently put pen to paper on a five-year extension in 2021.
But he has now activated his annual extension option, which means his deal will stretch until 2027, according to Sport.
That means Neymar is set to earn £155million more from PSG with the forward being paid £31m a year.
According to Sky Sports, PSG are looking for a buyer to take Neymar off their hands with club president Nasser Al-Khelaifi looking to move away from their high-earner model.
His £600k-a-week wages are putting potential suitors off, however.
If it happens, it will be for the best. He needs no comments. And on top of that, he's a super friend.
"So far, I don’t know anything, but I hope it comes to fruition."
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