He today penned a three-year contract extension worth up to £300,000-a-week, underlining his status as a key player for both club and country.
The 23-year-old England forward has been rewarded for his excellent form with an improved package that commits him to the club for the next five years.
"I'm delighted to sign".
But Sterling feels at home at City and believes the Premier League champions are the ideal place for him to continue developing. "I felt from the minute I got here it was the right choice for me", Sterling said. It's really paid off for me and I'm really grateful.
'With the facilities we've got here there's no reason not to. "How we've developed with Pep with and without the ball, it's always nice for attacking players to have as much possession as possible, It's been a real joy".
Sterling has been directly involved in 40 Premier League goals since the start of last season (24 goals, 16 assists) which is more than any other player besides Liverpool star Mohamed Salah.
The 23-year-old attacker has come on leaps and bounds at City since joining from Liverpool in 2015, a deal which may eventually cost the club almost £50 million ($A90 million).
Sources told ESPN FC earlier this month that the England worldwide had verbally agreed a new five-year deal that would make him one of the highest earners at the club.
Sterling's contract decision comes on the eve of Sunday's derby against arch-rivals Manchester United.
Sterling is now England's highest-earning player.
Sterling bagged three of those goals, while also winning a controversial penalty against Shakhtar that he later admitted shouldn't have been given. His statistics tell their own story.
Txiki Begiristain, City's sporting director, has secured another big name for the long-term and was obviously delighted.