Passage: Xavi helped Barcelona win the 2009 Champions League final 2–0 against Manchester United, assisting the second goal by crossing to Messi for his header. Prior to the match, Manchester United coach Sir Alex Ferguson heaped praise on the central midfield combination of Xavi and Andrés Iniesta, stating, "I don't think Xavi and Iniesta have ever given the ball away in their lives. They get you on that carousel and they can leave you dizzy." Xavi was voted "UEFA Champions League best midfielder" for his contribution during Barcelona's victorious 2008–09 Champions League campaign.Xavi was the highest assisting player in La Liga with 20, and in the Champions League, with 7; he earned 29 assists overall that season. Xavi was under contract to Barça until 2014 after extending his contract during the 2008–09 season. The new contract made him one of the club's biggest earners, with a salary of €7.5 million a year.

Question: what is the value of the new contract?
€7.5 million