James sealed a loan switch from the La Liga to the Bundesliga this summer.
His alleged contract with Die Roten was leaked to the press on Friday.
Football Leaks has claimed that Bayern Munich will pay out €6.5 million a year to the Colombian international for the duration of his two-year loan from Real Madrid.
Germany sports newspaper, daily Der Spiegel carried the latest reports from the notorious website.
They revealed the purported contract signed with Bayern.
According to the report, James will earn a total of €13m after tax for his stint in the Bundesliga.
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