Stoke's newly-capped England centre-back has been offered a new six-year deal that would give him parity with Peter Crouch as the club's top earner on £45,000 a week, says the Daily Mail.
Worth £14million overall, it is the biggest package Stoke have ever put together, and Shawcross revealed his willingness to sign it, despite interest from Liverpool, Everton, Tottenham and his old club Manchester United.
"I am very happy here and very settled," said the Stoke skipper. "I have loved my five years here so far, and I want that to continue. We have progressed incredibly since I arrived, and I want to be part of the future.
"The people here have looked after me really well. The fans have been brilliant with me, and so has the gaffer (Tony Pulis). I wouldn't be where I am now without his help.
"I am certain of that. I owe him a lot, as I do other people at the club, like the chairman and the coaching staff. The gaffer brought me here as an unknown and gave me the captaincy at the age of 21, so he has shown incredible faith in me, as a player and person.
"I always wanted to become a captain one day, but I would be lying if I said I believed it would come so early in my career.
"I remember a lot of pundits and supporters questioning whether it was the right thing to do at the time, but I think they have been proved wrong."