The 24-year-old has signed a new five-year deal, committing his future through to 2030.
It is understood that Saka will earn in excess of £300,000-week, making him the club’s highest-paid player.
A verbal agreement was reached between club and player last month, before Saka this week put pen to paper to end any doubt over his future.
His existing deal had been set to expire at the end of next season, but there was always confidence that an extension would be agreed.
Reflecting on his decision to sign a new long-term deal, Saka told the club’s official website: “I'm feeling amazing.
think it's a fantastic moment for my family and for me. I feel immense joy to continue my journey at this club. For me, it was an easy commitment and I just hope to win everything here.
“The journey that I've been on, from where I started to where I am now, and the journey the team's been on as well, is a special one.
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