Ronaldo agrees to five-year extension

Cristiano Ronaldo has agreed to extend his contract with Real Madrid until 2021, the European champion confirmed on Sunday.

Ronaldo, Real's all-time leading scorer with 371 goals in 360 games, was set to sign the new deal on Monday at Santiago Bernabeu stadium, ahead of a media conference.

Ronaldo is reported to be in line for an increase on his current salary, estimated to be $23 million, making him the club's salary leader.