The new deal will keep the 31-year-old at La Rosaleda until the summer of 2017.
Caballero is rated as one of the best goalkeepers in La Liga and has become a key player for Malaga.
The Argentinian goalkeeper joined Malaga from Elche in 2011.
The new deal will keep the 31-year-old at La Rosaleda until the summer of 2017.
Caballero is rated as one of the best goalkeepers in La Liga and has become a key player for Malaga.
The Argentinian goalkeeper joined Malaga from Elche in 2011.
