It had been reported that the Chelsea captain was so keen to stay at Stamford Bridge that he was willing to accept a pay-cut, but the 33-year-old now looks set to secure a deal somewhere close to his current £150,000-a-week wage. Continue...
Chelsea boss Jose Mourinho will have been just as desperate as Terry to hang onto the Blues veteran after one of his best seasons in a blue shirt.
VIDEO Scroll down to watch Mourinho discuss the future of Terry, Lampard and Cole
New deal: John Terry has signed a new contract with Chelsea, keeping him at Stamford Bridge for another year
Captain, leader, legend: Terry has been at Chelsea since 1995
Blues brother: The Chelsea board were confident that Terry would be signing a new deal
Although Terry was attracting interest from clubs across Europe, the Chelsea board were always confident that the former England captain would sign a new deal.
There had been question marks over the futures of Terry, Frank Lampard and Ashley Cole, but Mourinho's first priority would surely have been to tie the former down for at least another year.
Although doubts still remain over the futures of Lampard and Cole, Chelsea fans can at least count on their captain, leader, legend for another season.