Brazilian football star Neymar Jr. has renewed his contract with Santos FC for another year, extending his stay with the club until December 31, 2026. The announcement ends speculation that he might leave his boyhood team. According to Brazilian outlet Globo, Neymar will remain with Santos at least until the end of club president Marcelo Teixeira’s term. The new deal marks his third contract since returning to Santos, following two six-month agreements in 2025. Under the new terms, Neymar will earn a salary comparable to several average players at the club. In addition to his playing contract, Santos has a separate image rights agreement with NR Sports, a company owned by Neymar’s family, valued at 85 million Brazilian reals to be paid by the end of next year. Neymar is currently recovering from meniscus surgery on his left knee, with a return to the field expected no earlier than mid-February. Santos credits Neymar’s performance last season for avoiding relegation, as he scored four goals and provided one assist in three decisive 3–0 victories despite playing through injury.