This decision comes after an impressive season where he played a significant role in Barcelona's domestic treble, scoring 34 goals and providing 22 assists in 56 games.
Raphinha's hard work and dedication have paid off, as he has turned his Barcelona career around, having previously considered leaving the club last summer.
His impressive performance has put him in the running for the prestigious Ballon d'Or award, competing alongside teammate Lamine Yamal.