The new contract for Arrizabalaga, who joined the Athletic youth categories at 10 years of age, includes an 80 million euro ($98 million) buyout clause, reports Efe.
"Athletic Club and Kepa have signed the renewal contract by which the player will remain in the rojiblanca discipline until June 30, 2025. His cancellation clause will be 80 million euros," the club stated on its official Twitter account.
The 23-year-old Arrizabalaga has been a regular player in the starting line-up during recent seasons, playing a total of 38 matches.
Kepa became the second player to extend his contract with Athletic Bilbao in less than a week, following Inaki Williams who also renewed his contract through 2025.
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