The Spaniard had been the subject of interest from Manchester United for months until things took a drastic turn in the last 48 hours.
United cooled their interest in him with Jose Mourinho now deciding to prioritise a move for Everton’s Romelu Lukaku.
Atletico Madrid were handed a transfer ban meaning they can’t sign new players until January 2018.
And Griezmann reportedly called United to inform them that any move to Old Trafford would be of the cards.
Antoine Griezmann looks set to stay at Atletico Madrid next season
Spanish publication AS now say Griezmann has decided to accept a new contract with Atletico and extend his stay in the capital.
They say the club offered him a contract extension three weeks ago but he has only now decided to accept.
His current deal runs until 2021.
Star players Manchester United could target instead of Antoine Griezmann Fri, June 2, 2017
Who could Manchester United sign instead of Antoine Griezmann
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The report suggests Griezmann’s decision to stay with the club will help Diego Simeone attract the players he wants to sign.
Chelsea’s Diego Costa, Sevilla’s Vitolo and Malaga’s Sandro are all on the Argentine’s wishlist.
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And with Griezmann not going anywhere, AS claim despite the fact they can’t sign until next year, all three players very much remain realistic targets.