Campbell-Ryce, 26, signed a three-year deal last October but in a move to end speculation of him leaving, Barnsley have offered him a long term contract with the club.
The Reds turned down a £1m+ offer for Campbell-Ryce from Reading in January and he ended as the club's top scorer last season with 10 goals from the right wing.
He will sign the contract when he returns from holiday.
The link to the story can be found here