Tom Cairney has signed a new five-year deal at Fulham - and had his relegation wage drop clause removed.
Captain Cairney was due to see his salary slashed by around 30 per cent after Fulham's fall into the Championship.
But his new contract, signed on Friday and which runs until the summer of 2024, no longer features the pay cut and will see him remain on £60,000-per-week.
There is also an option to extend Cairney's stay at Craven Cottage by a further year.
His previous contract was signed last July, not long after he led Fulham back into the Premier League, scoring their play-off final winner against Aston Villa, and due to run until 2023.
Midfielder Cairney's new agreement underlines caretaker Scott Parker's claims since Fulham's relegation was confirmed that their owners 'will do everything in their power to keep as many players as they can and keep the squad as strong as they possibly can.'
Cairney said: 'The club's been amazing to me, and to extend my contract again is an amazing feeling.
I want to stay for a long time, and hopefully finish my career here.
'This place feels like home.
I don't think you can put a price on happiness, and your life off the pitch as well, and I can't see myself anywhere else.
'I feel like I've got unfinished business. I want to stay here and I want to get the club back to the Premier League.
'I want to bounce straight back next season.
I know how hard the Championship is, but knowing our owners and how ambitious the club is, I'm sure we'll give it a good go.'
Influential Cairney has made 161 appearances for Fulham since joining from Blackburn in 2015, scoring 28 times and recording 24 assists.
Fulham FC statement
We are delighted to confirm that Tom Cairney has committed his long-term future to Fulham Football Club.
The skipper has agreed terms on a new contract that keeps him in SW6 until the summer of 2024 – a spell that could be extended by a further year.
Since joining the Whites in 2015, Cairney has arguably been the team’s most consistent performer, racking up 161 appearances in that time and scoring 28 – often spectacular – goals, in addition to laying on 24 assists for his teammates.
He will go down in history as the first Fulham player to score at Wembley Stadium, when he captained the side to victory in last summer’s Play-Off Final, and he will now target another promotion when we compete in the Championship in 2019/20.
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Tony Khan said: “Tom Cairney captained Fulham Football Club through our run of 23 matches unbeaten and then scored the winning goal in our 1-0 Championship Play-Off Final win.
“Tom loves this club, our staff and our supporters.
This season has been difficult for all of us, but as we look to regroup and start the fight to earn back our place in the Premier League, I don’t know a better person to set things right and lead this squad back again than Tom.
“I’m pleased to announce that TC has extended his contract, he will remain with us at the Club for the fight ahead! Come on Fulham!”