Kane could have earned more had he, like many other elite professional footballers, sold out to the likes of Real Madrid.
Levy, by doubling Kane's weekly salary, made a bold and exciting statement for Tottenham supporters.
"For us as a club, it's just about keeping improving and we'll work hard to do that".
Kane and Pochettino's relationship has blossomed since the Argentine took over at White Hart Lane, the manager taking Spurs to three consecutive top-four finishes and two title challenges, with Kane as the focal point of his side.
Born in Walthamstow, north London, Kane is a product of Spurs' academy.
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Kane can expect to take home more than double the £110,000 per week that he now earns at Tottenham, bringing him on par with some of the Premier League's best-paid stars.
He netted 56 goals for Spurs and England in the 2017 calendar year.
Instead, Kane is set to continue on his path at Spurs, having previously aired his desire to break Alan Shearer's record of 260 Premier League goals.
Kane is now away on worldwide duty with England and is expected to play a starring role for Gareth Southgate's men at the World Cup.
"I'm obviously really excited about the World Cup coming up so it's nice to get this done before that and I'm just looking to go out there and enjoy it now", said Kane.