I think Real Madrid has just make a good decision with give Luca Modric one year contract extension because with his experience and as a captain Luca Modric can be good leader for Real Madrid young players but indeed because of his current age is not young anymore so don't expect more about Luca Modric performance because his performance is obviously decline compared to his performance several years ago
Real madrid is quite aware of Luca modric age and would probably not expect much from him as it was in the previous season. Modric already offered to Madrid all he could and I think Madrid is trying to reciprocate the good gesture by giving him the captain role. Luca even before now has been displaying leadership qualities in that squad and I believe he can do more better as a captain. Some of these young players need someone who’s capable of putting the squad together in and out of the pitch. They will surely listen and respect him as the senior player he is and as the legend.