Pierre-Emerick Aubameyang will sign an extension with Arsenal worth £250,000-a-week through the 22-23 season.
Talks have progressed over recent days.
Aubameyang has also been given assurances that the club will back Mikel Arteta as best they can in the transfer market.
The deal represents a significant increase on his £180,000-a-week salary.
Via James Olley/ESPN