Barca said the move was part of their efforts to bring soccer and music together.
Alves joined Barcelona from Sevilla in 2008 and made 391 appearances, becoming a regular under ex-managers Pep Guardiola, Tito Vilanova, Tata Martino and Luis Enrique before leaving for Juventus in 2016.
Lamine Yamal has been breaking records since making his professional debut for Barcelona less than 15 months ago, the last one becoming the youngest goal-scorer in Euros history with a stunning curled long-range shot against France that helped his side reach the final.
Karim Benzema and Vinicius Jr both scored a brace to give the LaLiga leaders a 4-1 home win over Valencia
Xavi furious at referee as Barcelona knocked out by PSG
'Barca is a great club that has to win the Champions League, that's why I came here.'
Antoine Griezmann scored two goals and provided two assists as Barcelona staged a stunning last-gasp comeback before beating Granada 5-3
Piotr Zielinski converted two penalties for Inter Milan as they played out a thrilling 4-4 draw with Juventus.
IMAGES from soccer matches played on Monday.
Zinedine Zidane's side joined Atletico Madrid on 66 points and moved top of the table
Barcelona were held 1-1 at home by Napoli in the first leg of their Europa League knockout stage playoff
Real Madrid are comfortably perched on top of the La Liga standings with 66 points while Barca are now third on 54 points with a game in hand, three points behind second-placed Sevilla.
Messi brace leads Barca to within four points of La Liga summit
Chelsea struggled to deal with Barca's punishing press and they went 2-0 behind in the 14th minute
Goals from Memphis Depay, Luuk de Jong and the returning Ansu Fati helped Barcelona claim a much-needed 3-0 home victory over Levante in LaLiga on Sunday.
News of all that transpired on and off the football field.
The following is the draw for the Champions League last 16 which was held in Nyon on Monday:
Luuk de Jong's first-half header gave Barcelona a 1-0 win at Mallorca
The Argentine then lifted his shirt to reveal a red and black replica kit of his hometown club Newell's Old Boys bearing the number 10 which Maradona wore during his brief spell at the Rosario side in 1993.
The Dutchman burst through the middle of the pitch and laid the ball off for Messi to dribble into the net for an 18th league goal of the season, extending his lead at the top of the scoring charts.
Rangers joined Barca in the last eight despite losing 2-1 at Red Star Belgrade, progressing 3-2 on aggregate.
'But when I arrived in Barcelona, I was told that it was no longer possible, that I could not stay and that I had to find another club, because Barca could not afford to extend my contract. That changed my plans.'
Marseille cement second place with Montpellier win
Real Madrid got their LaLiga title defence off to a limp start as they were held to a 1-1 draw at Mallorca.
Messi was named the top-earning footballer in the world by French newspaper L'Equipe earlier this year, claiming an estimated 8.2 million euros ($9.97 million) per month from Barca.
A round-up of Wednesday's action in the UEFA Champions League.
A round-up of Saturday's action in LaLiga, Ligue 1 and Serie A.
Barcelona closed in on the LaLiga title as they picked up a 1-0 win over Osasuna and holders Real Madrid went down to
Luis Suarez has agreed a deal with the club to end his contract and settled on personal terms with Atletico Madrid,
IMAGES from Europa League matches played on Thursday.
Barcelona's Joao Felix scored in the first half to secure a hard-fought 1-0 home win against his valiant parent club Atletico Madrid in a compelling LaLiga clash on Sunday.
'Trust me, the comeback of Leo Messi only depends on him.'
'The decision to let me leave was something that not only (Lionel) Messi didn't understand, but many Barcelona fans didn't, either.'
The win took Barca to the top of the standings on 68 points although Real Madrid, on 65, will reclaim their lead due to their superior head-to-head record if they beat Real Mallorca at home on Wednesday.
The Barca chief also said that the financial situation that he had inherited from former club president Josep Maria Bartomeu was "far, far worse" than anticipated.
Inter Milan got a crucial 1-0 win at Juventus on Sunday
Barcelona great Xavi Hernandez has said it is his dream to coach his former side
But Font believes Messi's love for Barcelona, who he joined aged 13, is so deep that he could lower his salary demands in order to stay.
Lionel Messi became Barca's record appearance maker in the competition with 76 Copa matches.
Paris St Germain buried the ghosts of their embarrassing 2017 exit as they drew 1-1 at home with Barcelona on Wednesday to complete a 5-2 aggregate victory that sent them into the Champions League quarter-finals.