Victor Osimhen is set to earn a net salary of €6 million (N10.6bn) during his season-long loan at Galatasaray from Napoli.
The Turkish Super League club confirmed the deal on Wednesday through an official statement, highlighting the acquisition of the reigning African Footballer of the Year.
This arrangement will see the Super Eagles striker pocket approximately €115,000 (204m) per week after tax during his year in Turkey.
"An agreement has been reached with professional footballer Victor James Osimhen and his club SSCN Napoli SPA for the temporary transfer of the player free of charge.
"The football player will be paid a net seasonal salary of 6,000,000 euros for the 2024-2025 season. It is respectfully announced to the public," a statement from Galatasaray read.
Negotiations between Napoli and Chelsea broke down late in the transfer window after the Saudi deal fell through, leaving Osimhen in a difficult position.
The player will be in Turkey until 2025 and will wear jersey number 45. The deal also leaves Napoli with an option to extend the player's contract until 2027.
He was a target for a number of clubs in the recent transfer window, according to media reports, with Saudi side Al-Ahli and Premier League club Chelsea linked with a move for the Nigerian.
The striker was not included in Napoli's official 23-man Serie A squad for the current campaign, with the club signing Belgium forward Romelu Lukaku seemingly as a replacement.