The eccentric striker has raised his profile with some impressive performances at Euro 2012, prompting his agent to value him at a colossal fee
The mercurial Manchester City frontman has lit up Euro 2012, and his two decisive goals in Italy's semi-final victory over Germany were particularly eye-catching.
Performances of this ilk have raised the former Inter man's profile beyond all previous levels, but his agent has moved quickly to dispel any talk of a frequently mooted move back to his homeland taking place after the tournament.
"The way I see it he's worth, what the market wants," Mino Raiola told Sky Sport Italia.
"But remember that Balotelli is in a team that does not need to sell and therefore he has no price. If I really had to give him a value, I would say £200 million. I am crazy? Go and ask the club what there price would be....
"They have always said I'm crazy, but, in my opinion, at 21 the boy still has potential to be one of the best in the world. At the moment, after these Euros, he is surely one of the best in Europe."
Balotelli has previously been linked with a move to his boyhood club AC Milan, and is most recently reported to have attracted interest from Real Madrid.
The 21-year-old has bagged three goals on route to the Euro 2012 final, where a goal could be enough to earn him the tournament's Golden Boot.