According to the latest news from Spanish media outlet Cadena SER on July 25, Vinicius's renewal situation is that this Ballon d'Or winner is asking for a €10 million pay raise, which has put the negotiations between Real Madrid and Vinicius at a standstill. The club's management considers Vinicius's salary demands unreasonable, leading to a temporary halt in the renewal discussions.
The Spanish media indicates that Real Madrid's proposal is to moderately increase Vinicius's annual salary, and with goal bonuses and team achievements, it could surpass Alaba, making him the second-highest earner at the club. However, Vinicius is insisting on a top salary, prompting Real Madrid to stop the renewal process with him.
According to data from Transfermarkt, Vinicius currently has a contract until 2027, meaning he has two years left on his deal, with a pre-tax base salary of €20.83 million, which includes an annual signing bonus of €4.17 million. The highest salary at Real Madrid belongs to Mbappé, with a pre-tax base salary of €31.25 million.
In my personal opinion, Vinicius has only scored 7 goals in his last 35 matches, showing a decline in form. Additionally, Vinicius's commercial value is far less than Mbappé's, which is why Real Madrid will not offer Vinicius a top salary. Two tigers cannot share one mountain; with three left wingers (Vinicius, Rodrygo, Mbappé), Real Madrid actually needs to make a choice and should sell at least one player.