When Ranieri took charge of Leicester in the close season, he was tasked with keeping the team in the Premier League. Leicester's owners wrote a number of clauses into his contract to make a parting of ways easier if he failed.
Ranieri asked for clauses of his own, granting him incentives if the club qualified for the Europa League, the Champions League or won the Premier League.
He currently earns about 1.5 million pounds a year, according to the report, and is in discussions with the club over a new contract.
Leicester need three points from their last three games to win their first top-flight title and will be crowned champions if they beat Manchester United at Old Trafford on Sunday or if second-placed Tottenham Hotspur lose to Chelsea on Monday night.
When asked earlier in the season if Leicester's players would also be entitled to a bonus if the team won the title, Ranieri said: "I don't know if there is a clause (for players) and I don't tell you. They made a mistake if they didn't arrange it. I considered if I win the league."
(Reporting by Simon Jennings in Bengaluru; editing by Amlan Chakraborty)
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