Ronaldinho is expected to stay at Milan for a further year until his contract expires next summer.
The Brazilian was linked with a move away from the San Siro, with MLS side LA Galaxy reorted to be interested in his services.
However after holding talks with Milan official Adriano Galliani Ronaldino will respect his current deal with the Rossoneri.
“Ronaldinho is really happy to be at Milan,” his agent and brother Roberto De Assis told Sky Italia.
“I’ve always said there is a contract. There is a good relationship with Milan and with Galliani.
“We are happy because we are in a big team and we will work for a big season.
“We spoke about a renewal six months ago. There is again work for this season and so quickly, without hurry, we will get things organised.”