Globo.com reports that Luciano has signed a contract extension with São Paulo that runs until 2028. Luciano's prior contract was valid until this season's end, and this would have permitted him to sign a pre-contract beginning in June. The board at São Paulo worked in recent weeks on extending the contract.

According to Globo.com, Luciano has advanced negotiations to renew his contract with São Paulo until 2028.

According to ESPN, negotiations between Luciano's representatives and São Paulo are advanced and close to a final agreement for a contract extension until the end of 2027. Sources cited by ESPN described the stage of talks as only needing a signature, with an official announcement potentially happening in the coming days. ESPN also detailed that the renewal talks were not considered straightforward due to São Paulo's financial situation, and that the club wanted to avoid the negotiations becoming a prolonged public spectacle or a bidding war.

Canuto stated that they believe São Paulo wants to extend the contract further, and that he is a very quality player, mature, with his age and his experience. The 32-year-old Brazilian centre-forward, Luciano, joined São Paulo in August 2020 and his current contract is set to expire on 31/12/2026. His market value is estimated by Transfermarkt to be €1.50m, and he has previously been linked with clubs such as Vasco da Gama and Santos.