You read the correctly. $775 million for 1 year.

EXCL: Al Hilal have submitted formal bid to Paris Saint-Germain in order to open talks for Kylian Mbappé. 🚨🔵🇸🇦

Understand it’s worth €300m — record fee.

No talks on player side.

⚪️ PSG remain convinced that Mbappé already agreed terms with Real Madrid with contract ready. pic.twitter.com/yeDu5AQr6E

— Fabrizio Romano (@FabrizioRomano) July 24, 2023

More on exclusive Al Hilal-Mbappé story revealed today 🔵🇸🇦

PSG, obviously accepting €300m bid… but no talks with player as of now.

Al Hilal will offer Mbappé world record salary — even if just for one season.

PSG feel Kylian’s agreement with Real Madrid for 2024 is sealed. pic.twitter.com/pZvXBKKN7E

— Fabrizio Romano (@FabrizioRomano) July 24, 2023

Absolute insanity. Reports are coming out that Mbappe is not interested. HOW THE HELL COULD YOU NOT BE INTERESTED? I get it, he’s one of the best football players on the planet and will get his money but he’s 24 years old. He can head to Al Hilal for 1 season and collect the bag and return to Real Madrid when he is 25 and continue his career. The breakdown of his contract is even more insane.

💰 Yearly: €700,000,000
💰 Monthly: €58,300,000
💰 Weekly: €13,300,000
💰 Daily: €1,900,000
💰 Hourly: €80,000
💰 Minute: €1,332
💰 Second: €22

Alex Crook breaks down Al Hilal's world-record bid for PSG's Kylian Mbappe! 🥵 pic.twitter.com/hMwtShIT0v

— talkSPORT (@talkSPORT) July 24, 2023

PSG is set to make $300 million as a record-breaking transfer fee. Obviously, PSG wants to accept the transfer. Now you just gotta convince him that $775 of blood money is worth it.

Soccer money is insane.