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Manchester United star Wayne Rooney is expected to soon sign a contract extension that reportedly will pay him around $500,000 per week.

The deal, roughly £300K per week over 4 1/2 years, the Guardian reports, would ensure that Rooney remains the highest-paid player in the Barclays Premier League and comes after Chelsea had shown interest in the 28-year-old.

It’s a deal that may not sit well with United fans, David McDonnell of the Mirror writes, because Rooney, United’s captain, would be “rewarded for twice threatening to walk out on the club that has been the vehicle on which his global reputation has been built. Some United fans will never be able to forgive Rooney for his perceived double treachery, holding the club to ransom in 2010, citing its lack of ambition as a reason for not signing a new deal, only to make a spectacular U-turn when a £250,000-a-week deal was put his way.”

Nor is Football365’s Nick Miller thrilled with the idea.

Rooney has of course been better this season, looking sharper than last term and his goals earlier on in the campaign certainly dug them out of a couple of holes. However, his recent form has just confirmed what we always knew about Rooney: that he is a streaky player whose form can fall off a cliff with little warning. He has just one goal in his last nine starts (against Hull), five since the start of November and just three against teams in the top half all season.

A record of 11 goals in 25 starts this term is good, but deserving of being ranked among the top few players in the world? Of course not. The idea of committing to paying Rooney £300,000 a week when he’s 33 is little short of ludicrous.