It is stated that Berahino, 21, will be offered a deal to match his wage with the highest earners at the club. Ben Foster and Joleon Lescott currently make roughly £50,000-per-week, and the striker is expected to be offered a pay packet that will match that salary.
Berahino has scored 20 goals for West Brom this season, and is one of the highest English goalscorers in the Premier League.
His obvious talent, as well as his age and homegrown status, have seen much interest in Berahino this season, with the latest reports in the Mirror claiming that Manchester United and Tottenham Hotspur are keen on signing him this summer.
The deal is to ward off interest in Berahino, as well as raise his value for a potential sale in the future.
Should the Baggies manage to come to terms over a new contract with Berahino, it will be one of the best pieces of business that head coach Tony Pulis will complete this summer.
He may be keen on revamping his entire squad but the young Englishman has shown obvious Premier League talent, and, with age to still develop, there is no guessing just how good he may become.