According to Bild, Bayern Munich hopes to extend Olise's contract until 2032 and is prepared to offer him the highest salary on the squad. However, the player has not given clear signals about extending his contract and wants to include a release clause in the new deal. Bayern management is bracing for more difficult negotiations.

The 24-year-old Michael Olise has had an excellent start to the season, contributing 4 goals and 2 assists. According to Transfermarkt, the French winger's market value has reached €170 million, making him the most valuable player in the Bundesliga by a significant margin. In second place is 23-year-old Jamal Musiala, whose market value is €70 million lower than Olise's; the 33-year-old Harry Kane ranks sixth with a market value of €60 million. Bayern's contract extension talks with Kane are in the final stages, and Olise is expected to make a decision after the international break. After that, Bayern will begin formal contract extension negotiations with Olise.
Compared to Kane, Bayern management expects far more challenging negotiations for Olise's contract extension. To date, neither Olise nor his 44-year-old agent Glen Tweneboah have indicated whether he is willing to stay in Munich beyond his current contract, which expires in 2029. Bayern's proposal is clear: if Olise signs a new extended contract through 2032 next summer, the club will place him among the highest-paid players, alongside Kane and Musiala. Kane and Musiala's annual salaries are estimated at around €25 million, while Olise's current annual salary is reported to be €14 million.
Bayern hopes to use an early salary increase as leverage in negotiations: if Olise signs a new contract next summer, he would begin receiving the new top salary starting in 2027; if not, he would continue to be paid according to his existing contract. However, sources close to Olise have repeatedly indicated that the player wants a release clause included in his contract, regardless of other terms. While at Crystal Palace, Olise used such a clause to retain his exit option. It was precisely because of this clause that Bayern successfully brought the highly effective winger from London to Munich for €53 million in summer 2024.
Recently, rumors circulated in the international transfer market claiming that Olise's current Bayern contract also contains a similar clause. Responding to this, Bayern's 53-year-old sports director Max Eberl explicitly denied it to Sport Bild, stating that Olise's current contract does not include a release clause.
Currently, Bayern no longer views a release clause as an unacceptable condition. Kane and Musiala's contracts are also reported to contain such clauses. The key lies in how the amount is set: what transfer fee would other clubs have to pay to secure a player without Bayern being able to prevent it? If Olise extends his contract through 2032, setting a release clause above €200 million would not be unrealistic.
Real Madrid and Liverpool continue to monitor Olise. For Bayern, such a high release clause would provide security, ensuring that even if Olise leaves early, the club would have sufficient funds to recruit a strong replacement. In summer 2025, Liverpool paid €125 million to Bayer Leverkusen for Wirtz, who was also targeted by Bayern at the time, winning that transfer battle. If Bayern sells Olise, the 23-year-old Wirtz could become a potential target for the club again. He is still settling in at Liverpool.
Eberl has set a relatively relaxed deadline for Olise. In an interview with Sport Bild in early September, Eberl stated: "We need to clarify next summer whether he is inclined to extend his contract."
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