Barcelona midfielder Pedri is widely acknowledged as one of the most promising young talents in football. Renowned for his exceptional dribbling and playmaking skills, the 21-year-old is considered among the best players in his position.
Born and raised in the Canary Islands autonomous region of Spain, Pedri began his youth career with three local clubs: Tegueste, Juventud Laguna, and Las Palmas. It was at Las Palmas that he made his La Liga debut during the 2019-20 season.
Barcelona had agreed on a transfer for Pedri in the summer of 2019 with a $5.5 million transfer fee, with the condition that he would remain in the Canary Islands for one more year. Consequently, Pedri played the 2019-20 season with Las Palmas before officially joining Barcelona.
Let's look at the details of Pedri's contract, career earnings, and salary.
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Pedri's Contract: $51.4 million
In the summer of 2021, Pedri committed to a five-year contract renewal with Barcelona valued at $51.4 million. This agreement binds him to the Catalan club until the conclusion of the 2025-26 season.
The recently signed contract incorporates a record-breaking release clause of €1 billion ($1.16 billion), placing Pedri alongside seven other players from Barcelona and Real Madrid with the highest release clauses in the world.
Pedri's release clause experienced a significant increase from his previous deal, doubling from €400 million ($435 million) to its current record-setting value.
Pedri's Career Earnings
By the end of the 2022-23 season, Pedri had amassed a total gross base salary of $25.3 million throughout his senior professional career from 2019-20, playing for Las Palmas and FC Barcelona, according to Capology.
This figure exclusively accounts for his base earnings from both clubs and does not include additional income from bonuses, incentives, or off-field activities such as endorsements and sponsorships. Additionally, it does not consider deductions for taxes, agent fees, and other business-related expenses.
Looking ahead to the next three seasons of his career, covering the ongoing 2023-24 season until the conclusion of his current contract in the 2025-26 season, Pedri is projected to accumulate gross earnings amounting to $55.9 million.
Pedri will only be 23 years old once his current contract ends. This age makes him eligible for potentially mega-lucrative offers, especially if he maintains his trajectory as one of the best players in the world.
Pedri Salary 2023-24
As per his existing contract with Barcelona, Pedri is set to receive a base weekly salary of $196,308. This translates to an annual salary of approximately $10.21 million, covering the period from the 2021-22 season through the 2025-26 season, according to Boardroom.
With his current wages, Pedri is tied as the eighth-highest-paid player in the Barcelona first-team squad.
During his first season in Barcelona in the 2020-21 season, Pedri took home a base weekly salary of $83,714, equating to an annual salary of approximately $4.3 million for that single campaign before his contract renewal.
In contrast, during his debut season as a professional player in 2019-20 with Las Palmas, Pedri received a base weekly salary of $1,674. This translated to an annual salary of approximately $87,062.
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