The Foxes offer £100K-a-week.
Mahrez hasn't decided his future.
Riyad Mahrez has been offered a new contract by the Premier League champions to ward off interest from clubs.
The Algeria international, who was a key member of Claudio Ranieri's Foxes and won the PFA Player of the Year award, has been offered a £100,000 per week, according to the Telegraph.
Leicester are keen to keep the core of their team as they've offered new contracts to their stars, including Jamie Vardy, N'Golo Kante and Kasper Schmeichel.