Spanish media claim Real Madrid are prepared to hand Kaka back to Milan for just €11m.
There have been many reports that the Brazilian would return to San Siro, but Vice-President Adriano Galliani always ruled it out because of the player's wages.
However, El Mundo Deportivo newspaper suggests today that Real Madrid could release Kaka for just €11m.
It would be a huge drop in value, as the Spanish side broke world transfer records to sign him for €65m just two years ago.
Ricky has barely played over the last season due to a series of injuries and never quite settled at the Bernabeu.
According to another Spanish paper, As, Milan have instead offered to take Kaka on loan.