Borussia Dortmund has officially announced the contract extension for Nico Schlotterbeck. The defender, whose previous contract was set to expire at the end of the upcoming season, has now committed his future to the club until 2031.

Key Contractual Details Revealed

According to reports, Schlotterbeck's new agreement includes an exit clause valued between €50 million and €60 million. This clause is reportedly restricted, allowing transfers only to specific prominent European clubs. Contrary to earlier speculation, reports also clarify that Schlotterbeck's annual salary will be €10 million, with potential bonuses. This figure is significantly lower than some rumored amounts and will not reach €14 million even if Borussia Dortmund wins a title.

English Translation:

Borussia Dortmund Extends Nico Schlotterbeck's Contract, Deal Includes €10m Annual Salary and €60m Exit Clause

Nico Schlotterbeck's long-anticipated contract extension with Borussia Dortmund has been officially confirmed. Schlotterbeck, whose previous contract was set to expire at the end of next season, has signed new terms valid through 2031. The Bundesliga club announced the extension on Friday afternoon.

Details of Nico Schlotterbeck's New Contract

Reports indicate that the 26-year-old and the newly restructured BVB management have agreed on an exit clause in the range of €50-60 million. German media also notes that Schlotterbeck's new exit clause only permits moves to certain other clubs, presumably significant European contenders.

Furthermore, reports categorically deny rumors that Schlotterbeck will earn an annual salary of €14 million under the new deal. Instead, it is claimed that Schlotterbeck will receive a base salary of €10 million.

While performance-based bonuses are included, the German international's earnings will not approach the €14 million mark reported by other sources, not even in the event of a Borussia Dortmund title win.