Pedri has signed a new deal with Barcelona until 2026.
Since joining Barcelona from Las Palmas in 2019, the 18-year-old midfielder has been outstanding at Camp Nou and has been rewarded with a long-term deal.
The Spain international had less than 12 months remaining on his previous deal – though the Catalan club did have the option to extend that by a further two seasons.
His release clause will be set at €1 billion.
Barcelona head coach Ronald Koeman used Pedri in 37 top-flight games last season, with only Frenkie de Jong (also 37) playing as many matches for Barça.