TMW says the USA midfielder will put pen to paper on a deal which carries a massive rise on his current €2.5m salary.
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McKennie penned that contract in 2024 and his new arrangement will reach €5m-a-year.
Crucially, it's a bumper hike on the deal agreed before Christmas worth €3.6m-a-year before the two parties chose to walk away from the table.
However, a new agreement has now been reached and with no matches in midweek, Juve will aim to make an announcement by Friday.