How important is Caicedo's contract extension?

Moises Caicedo has agreed to a lucrative new contract to extend his stay at Stamford Bridge as part of a series of renewals designed to reward Chelsea's top performers. Chelsea have endured an inconsistent campaign and face uncertainty over Champions League qualification. Caicedo is regarded as one of the best midfielders in the world and he has established himself as one of the side's most reliable performers.