Here we go! 
Modric has extended his contract by one more year with Real Madrid. He is the new captain from now on as well.
https://x.com/FabrizioRomano/status/1813545429025649001
I'm admiring Modric's ambition honestly. Every time it feels like "That's it! Modric is going to leave and retire.". But in all those times, he proves me wrong. His energy never depletes which is impressive. I'm saying it again anyway. I think this is going to be his last year at Real Madrid for real. But he will add more to his memories with probably new trophies too.
He is one of the best midfielders in history in my opinion.
Wow, surprising news for me, because yesterday I checked the Real Madrid squad for the 2024-2025 season, there was no Modric's name in it. So I assume Modric will not get another contract extension at Real Madrid. However, after I saw this news, the questions that had been in my mind were now answered. Plus, with Modric's contract extension until 2025, I'm not too worried about Real Madrid's midfield. Because as we know, Modric is a very great midfielder, even though he is almost 40 years old. So we can conclude that Real Madrid will be a club that really has great strength next season. Modric has extended his contract by one more year with Real Madrid. He is the new captain from now on as well.https://x.com/FabrizioRomano/status/1813545429025649001
I'm admiring Modric's ambition honestly. Every time it feels like "That's it! Modric is going to leave and retire.". But in all those times, he proves me wrong. His energy never depletes which is impressive. I'm saying it again anyway. I think this is going to be his last year at Real Madrid for real. But he will add more to his memories with probably new trophies too.
He is one of the best midfielders in history in my opinion.Apart from that, making Modric the captain of Real Madrid was also the right decision. The reason is, currently Modric is the most senior player at Real Madrid and he is also the oldest player at Real Madrid. So it would not be wrong if Real Madrid made Modric their current captain. The reason is, he is a Real Madrid legend who still survives to this day. Apart from that, as you said, it is very likely that this contract will be Modric's last contract at Real Madrid. Because considering his advanced age, next season he will definitely retire. So this season Modric will definitely enjoy his last season with Real Madrid and also as a football player.
The reason is that Modric seems to want to make Real Madrid the last team he plays for. Because, it has been proven that several Saudi Arabian League clubs have offered him a contract, but he is reluctant to accept it. So you can be sure that Modric is truly loyal to Real Madrid and he seems to want to end his football career with Real Madrid. And if you call Modric the best midfielder in history, I also totally agree with that. Because I also know for sure that Modric's dedication to Real Madrid and the Croatian national team is truly great. So by saying Modric is the best midfielder in the history of football, I think Modric deserves that title.