Got to feel he'll move on at some point before his contract runs out.
Never mind the wages he's on, if he wants to get decent contract with another club after Leicester, that club will want to see some aspiration and ability in him, other than the one to warm benches. Choosing to sit on a contract with little but poor performances under his belt, to the detriment of any international aspirations that he might have and to the detriment of the club from not being willing to move on isn't a great look.
However, can't fault him for making the most of the generous contract he has though, it's not his fault that he was offered it, that blame lies with club management that signed off on it.
My thoughts are that he's thinking of collecting 2 out of the 3 years with us and will move on in the summer.
At least, that's what I hope.