Real Madrid gives Asencio a multi-million dollar contract

The Las Palmas Center Back has renewed its contract until 2029 and his salary has improved considerably.

The football world offers few opportunities, and when they occur, you have to seize them. That is exactly what the 22-year-old Raúl Asencio has done, benefit from long-term injuries to shoot back on backs such as Alaba and Militao this season to make a place in the first team of Real Madrid, despite the fact that he was registered with the reserve team. His play level has been such that he was even compared to Sergio Ramos.

The Real Madrid Youth Player has been one of the breakthroughs of the season, as a result of which the leap of two divisions (from the first RFEF to the first division) without much notification. He is a fast central back that is very good at cutting, has a hierarchy and does not go back on every stage. Performances that have given him a call-up for the Spanish national team and a renewal with Real Madrid.

His contract went in 2026 and he had a buy -out clause of € 50 million, so extending his contract was crucial for the club. According to the 'Marca' newspaper, the renewal has already taken place. Asencio has reportedly signed until 2029 and will earn € 6.2 million next season, which could increase to € 9 million. Despite speculation that the signing was delayed due to pending legal issues, it now seems that this will not be the case.

Although he started playing with the reserve team in 2024-25, he has already played 29 games with the first team and has become a match in the schedules of Carlo Ancelotti, which even immediately placed him in a number of difficult situations.

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