The Telegraph's Mark Ogden reported in early July that Real Madrid had a new contract down the pipeline that would make Ronaldo the highest-paid footballer in the world. Once you acknowledge that almost every footballer is making too much money, it only makes sense that Ronaldo would get paid like one of the best. If you're going to pay Samuel Eto'o £330,000 a week, it's hard to justify not giving Ronaldo the same.
Regarding Real Madrid, there's no reason for Ronaldo to leave the club right now. They're arguably in pole position in La Liga despite finishing second to Barcelona last year. The Catalans are in search of a new manager and still have yet to solve what are the biggest issues at the Camp Nou. Neymar is great and all, but he can't play centre-back or goalkeeper.
In Madrid, Los Blancos have added new players while simultaneously getting rid of Jose Mourinho and his toxic managerial style.
In Carlo Ancelotti, Ronaldo also has a manager who will go to bat for him. He'll make sure Ronaldo knows how much he is valued and loved by the management at Madrid and supporters alike.
Ancelotti has already said exactly how valuable the player is to Real Madrid, per ESPN FC's Miguel Delaney:
I think Ronaldo is the most important player of this team, the player with the best quality. Everyone knows him. I think we have to help him every time to do his best because if he can do his best it’s a great opportunity for this season.
As I said, I think he is the most important player of Real Madrid and his future will be with Real Madrid. There is no question about this.
At this point, it seems a foregone conclusion that Ronaldo will remain at the Santiago Bernabeu. Ancelotti seems to think so, but you wouldn't expect him to question the commitment of his best player. He's always going to be adamant as to Ronaldo's future.
The only problem is that the player has still yet to officially commit his future to the team. Until Ronaldo signs on the dotted line, there will still be that segment of fans who will wonder if he's off to some other club.
Ancelotti will keep having to affirm that Ronaldo isn't going anywhere, despite having much better things to do with his time. As he's moving to a new club, Ancelotti will have a hard enough time bedding the new signings and making sure his players are ready for the season. He doesn't need to keep answering questions as to why Ronaldo hasn't signed a deal.
It's just a hassle for everybody involved.
Of course, once he signs a new deal there's a chance that a Ronaldo transfer will continue to get discussed. If that's the case, then lord help us.