Liverpool will confirm that Jordon Ibe has agreed a new five-year contract today, according to The Sun.
The 19-year-old will earn £35,000-a-week under the terms of his new deal, bringing the total value over five years to £9.1m.
Brendan Rodgers has been trying to tie the winger down to a long-term contract for a while, but was taken aback when Ibe rejected the initial offer of £25,000-a-week.
Having broken into the Liverpool first team this season, Ibe wanted a wage that reflected his new position in the squad and was happy to see the club increase the offer.
He is now committed to the club until the end of the decade and the news should be confirmed by the club's media today.
It will come as a massive boost to both Liverpool fans and officials, who are still reeling from Raheem Sterling's behaviour over his new contract.
The 20-year-old was offered a huge deal worth £100,000-a-week but it was rejected and it now seems Sterling is intent on leaving Anfield.
Arsenal, Manchester United, City and Chelsea have all been linked with a move for Sterling and a big money move is now looking for likely than a new contract at Liverpool.
Devil in his ear
As Sterling and Ibe share a close relationship, news that Ibe had rejected a new contract was an immediate concern for Rodgers.
There was talk that the young winger had been convinced by Sterling to not sign a deal with the club and instead agitate for a move away.
However, Ibe, who himself is seen as a potential replacement for Sterling should he leave, believes Liverpool is the perfect place for him to develop his talent.
Despite being close friends with Sterling, Ibe would directly benefit from his exit. The 19-year-old would certainly get more playing time next season and that would supercharge his development.
Sterling was given the same boost last summer after Luis Suarez left and Rodgers chose to reform his tactics around the attacking midfielder rather than replacing the Uruguayan.
Liverpool have also made the right decision by getting Ibe's future sorted now instead of waiting around as they did with Sterling.
Is Jordon Ibe good enough to replace Raheem Sterling?
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