Leicester Tigers director of rugby Richard Cockerill has revealed Manu Tuilagi has been offered a contract that would make him one of the highest-paid players in the world.
The England centre, whose contract with Leicester expires at the end of the Premiership season, was been linked with a big-money move to Saracens in September.
However, Cockerill says Leicester are pulling out all the stops to keep him.
"There's a lot of rugby left in him - there's another 10 years left in Manu - and certainly in the next three years we'd like him to be here," Cockerill told BBC Radio Leicester.
"He wants to stay. We've made an offer that would make him up there with the highest paid players in the world.
"We are just waiting for that answer. There's no pressure on him to sign that, we just want it to be right.
"There's always other distractions. It's always flattering when you get courted by other people and we just have to be patient.
"We'd like to think we'll get it done sooner rather than later."
Tuilagi is currently sidelined though injury and Cockerill is hoping he will return early in 2016.
"We'd like to have him fit by the new year," he added.
"He's progressing really well and I don't really want to put a comeback date on it as they've come and gone too often."