The Spanish side announced the 25-year-old’s new deal in a press conference today.
The new deal will keep the Spain international winger at Sevilla until the summer of 2015.
Sevilla president Jose Maria del Nido told the club’s official website: “The agreement extends for this and four more seasons, until June 2015. We have reached an agreement that is satisfactory for all.
“This has been instrumental in Jesus’ thought of staying here many years. The relase clause is €35 million. It is a suitable provision and well above the level of sales that are customary in the current market. It is a contract according to what he is worth and deserves it as he is a world champion. I never saw him in any other shirt.”