It had been speculated that Conte, 47, was growing in discontent with the Chelsea higher-ups, frustrating by their unwillingness to spend on Juventus center back Leonardo Bonucci amongst others.
The new deal will reportedly make Conte more than $12 million per season.
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It’s been an offseason of some tumult in what should’ve been a summer of honeymoon vibes between Conte and Chelsea. Diego Costa said Conte dismissed him by text, Inter Milan was linked with pursuit of the manager, and the transfer market controversy only added to perceived issues between the two parties.