The 22-year-old, who is a Russian international, scored 11 goals and registered eight assists during an impressive campaign for Madrid's 'B' team last season.
It had been suggested that a number of clubs were interested in signing the youngster this summer, but he has now committed his future to the Spanish outfit until at least 2017.
Cheryshev is yet to make his first-team debut for Madrid.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| C | Real Madrid | 34 | 27 | 6 | 1 | 74 | 22 | 52 | 87 |
| 2 | GironaGirona | 35 | 23 | 6 | 6 | 75 | 44 | 31 | 75 |
| 3 | Barcelona | 34 | 22 | 7 | 5 | 70 | 43 | 27 | 73 |
| 4 | Atletico MadridAtletico | 34 | 21 | 4 | 9 | 63 | 39 | 24 | 67 |
| 5 | Athletic Bilbao | 34 | 17 | 10 | 7 | 55 | 33 | 22 | 61 |
| 6 | Real Sociedad | 34 | 14 | 12 | 8 | 48 | 35 | 13 | 54 |
| 7 | Real BetisBetis | 34 | 13 | 13 | 8 | 43 | 39 | 4 | 52 |
| 8 | Valencia | 34 | 13 | 8 | 13 | 37 | 39 | -2 | 47 |
| 9 | Villarreal | 34 | 12 | 9 | 13 | 56 | 58 | -2 | 45 |
| 10 | Getafe | 34 | 10 | 13 | 11 | 41 | 47 | -6 | 43 |
| 11 | AlavesAlaves | 35 | 11 | 9 | 15 | 34 | 40 | -6 | 42 |
| 12 | Sevilla | 34 | 10 | 11 | 13 | 45 | 46 | -1 | 41 |
| 13 | Osasuna | 34 | 11 | 6 | 17 | 37 | 51 | -14 | 39 |
| 14 | Las PalmasLas Palmas | 34 | 10 | 7 | 17 | 30 | 43 | -13 | 37 |
| 15 | Celta Vigo | 34 | 8 | 10 | 16 | 40 | 52 | -12 | 34 |
| 16 | Rayo Vallecano | 34 | 7 | 13 | 14 | 27 | 43 | -16 | 34 |
| 17 | Mallorca | 34 | 6 | 14 | 14 | 27 | 40 | -13 | 32 |
| 18 | CadizCadiz | 34 | 4 | 14 | 16 | 23 | 49 | -26 | 26 |
| 19 | Granada | 34 | 4 | 9 | 21 | 36 | 64 | -28 | 21 |
| R | Almeria | 34 | 2 | 11 | 21 | 33 | 67 | -34 | 17 |
| > La Liga Full Table | |||||||||
