The Super Swede, who admitted last week ambitions of playing for Real Madrid in the future, is in negotiations with Inter about a new contract.
Gazzetta dello Sport says the agreement will see Ibrahimovic extend his stay with Inter until 2012 and be worth a staggering £7.5 million-a-year.
The deal is seen as a slap in the face for Kaka, who is set to be crowned European Football of the Year next month, but will have to settle for an improved contract from AC Milan worth £6.4 million-a-year.