The Serbian stalwart has continued to be a mainstay under Jose Mourinho in west London, making 27 Premier League starts and missing out just twice due to a brief spell on the treatment table.
Ivanovic has been a model of consistency in his nearly ever-present mode of operation, racking up the fourth-most minutes amongst outfield players for the table-toppers this term.
As a reward, the 30-year-old will reportedly be offered a new four-year deal at Stamford Bridge, an improvement on his £120,000 per week pay packet on the table.
Two years remain on Ivanovic’s current contract but the Mail have maintained that talks on the proposed renewal got underway on Tuesday.
Chelsea are believed to be keen to lock down the cherished veteran leader with a salary on par with what could be offered to out-of-contract talismans Frank Lampard and John Terry.
And from a statistical standpoint, Ivanovic looks good value for such terms.
Amongst Blues defenders he stands as the leader in ball recoveries and interceptions, trailing only Cesar Azpilicueta in successful tackles to date.
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At the other end of the pitch, Ivanovic has also been a valued contributor. The Serbia international has provided the most accurate crosses in the Chelsea side, boasts more dribbles than all but six of his team-mates and has added three timely goals as well.
Ivanovic’s size - owing to his former life as a central defender - sees him a man apart from the pace-driven figures that are most often seen on the flanks but not necessarily less effective.
His ability to bully attackers, superb tactical sense and considerable technical skills make him a complete - albeit out of the mould - package that perfectly suits Mourinho’s football.
If the Mail’s report is to be taken at face value, one would be hard pressed to argue that Ivanovic is unworthy of a new deal, such has been his impact with Chelsea looking favourites to take the title at his point.
Spiritually, physically and mentally the right-back has been nothing but an asset to the cause and has plenty more to give in the coming years, especially with Mourinho’s faith with him in pursuit of building a dynasty in the short-term.