Tottenham’s Harry Kane Signs New Contract Until 2022
Tottenham and Harry Kane have just agreed to their third contract extension, since the now-23-year-old became a fixture on Mauricio Pochettino’s team during his first year as Spurs’ manager.
Back in September, the Mirror reported that Harry Kane was set to receive massive wages, making him the highest earner on Tottenham’s squad by a mile.
Kane’s previous deal paid he signed in February 2015 saw him earn £50,000-a-week and was set to expire in 2020. It was a good amount of money than his first contract extension — £35,000-a-week — after bursting onto the scene two seasons ago.
But after winning the Golden Boot award last season and continuing to establish himself as one of the best young forwards in Europe, and England’s first-choice striker, it made sense that the 23-year-old would look to further increase his salary.
Standing in Harry Kane’s way however would be Daniel Levy, a tough negotiator. As Spurs’ chairman, Levy keeps a tight grip on the club’s wage structure.
While Levy doesn’t mind giving his players a pay raise, he prefers to keep things balanced. To not overpay. In this case, nothing over six figures straight up. Instead, Daniel Levy looks to make things easier for him by incorporating bonuses.
That’s how the 54-year-old finds a compromise. It is why Kane’s new deal — when bonuses are factored in — sees the Spurs striker earn over £100,000-a-week according to The Guardian.
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Until more details emerge regarding the structure of Kane’s extension (not entirely sure if that will be made available) it’s difficult to image how much Harry Kane is earning on a flat rate, and how much of his salary is tied to incentive-based bonuses.
In any event, the 23-year-old England international will further extend his stay with his boyhood club.
With a new deal agreed upon, Kane is easily the most prized asset on this Spurs team in terms of his salary, his importance to the team (position and being a homegrown player) and age.
Mauricio Pochettino called this moment good news for the club, fans and of course Harry Kane himself.
“We all feel very happy because one more time Harry is showing his commitment to the club and the project, and that’s great for us,” Pochettino said. “It’s fantastic for the player, too, because it’s always important for them to be calm in their minds, and focused on playing and improving every day.
“When they are involved in negotiations like these, it can always affect them, although it has not necessarily done so with Harry in his performances. But now that the deal is done, it’s important for him to focus on the future.”
“The news is very good for the dressing room, all the fans and club, and for him. You all know how Harry feels about Tottenham.”
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There are other players still vying for a contract extension, most notably Érik Lamela, Hugo Lloris and Jan Vertonghen. All of which are expected to command a big pay raise for their contributions over the past few seasons.
As with Harry Kane’s new deal, should Lamela and Vertonghen also want near or at least £100,000-a-week like Lloris has expressed last month, the only way Daniel Levy would agree to shatter his current wage structure is to incorporate bonuses from now on.
Kane, at the moment, is the only player on this squad who will get paid six figures with a portion of his money tied to bonuses. This could become the norm for a select few players. Only, if Levy is willing to compromise that is.