Neymar's move to PSG will cost the French soccer giant more than $500 million



Christian Hartmann/Reuters

Neymar is now the highest-paid footballer in the world.

The much-anticipated move of Neymar to Paris Saint-Germain is now done as the Brazilian football star was introduced on Friday in Paris.


Now completed, the move is the most expensive in soccer history, and will eventually cost PSG $528 million.

Neymar's transfer fee of $263 million (€222 million) has already been paid "in full," according to the BBC. On top of that, Neymar received a five-year contract and will be paid an annual salary of $53 million (€45 million), making him the highest-paid footballer in the world.

Neymar has surpassed Carlos Tevez as the highest-paid footballer. Tevez is reportedly making $42 million per year for the Chinese Super League club Shanghai Shenhua.

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