It's one in, one out at Molineux with fellow striker Benik Afobe poised to join Championship side Stoke City for £12m just 11 days after signing for Wolves in a £10m deal.
The Mexico global forward is away with his country ahead of the World Cup in Russian Federation and will replace Benik Afobe who joins Championship side Stoke City for £12m just days after signing for Wolves in a £10m deal.
He moved to Benfica in 2015 after a season at Atletico Madrid and has 31 goals in 120 appearances for the Primeira Liga side.
The forward joined Atletico Madrid from Club America in 2014 but, as at Benfica, struggled for regular starts in his sole season in Spain.
Jimenez has scored 14 goals in 62 appearances for Mexico and will be hoping to add to his tally in Russian Federation this summer.
Jimenez has also featured in 22 Champions League appearances and was part of Mexico's gold-winning football squad at the 2012 Olympics in London.
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