Wallis was placed out-of-favour at the Dogs this year, playing just the six matches as Luke Beveridge's side steered toward a Grand Final finish.
Named in the club's two-piece leadership group under skipper Marcus Bontempelli ahead of 2021, Wallis ' situation at the Kennel became intriguing to rival clubs as he was often kept outside of Beveridge's preferred 22.
The 28-year-old now looks destined to remain in the blue, red and white, with 7 News' Mitch Cleary reporting that Wallis has pledged his allegiance to the Bulldogs for next year.
Is there bad blood between clubs? New details from the Dogs, and Chad Wingard’s comments on Hawthorn. @TomBrowne7 and @cleary_mitch with a trade update. https://t.co/5zYfOfohG3 @7AFL #7AFL #7NEWS pic.twitter.com/6i6EkPt34l
— 7NEWS Melbourne (@7NewsMelbourne) October 11, 2021
It is understood that Wallis has been tabled a one-year contract extension, an offer the forward/midfield utility will accept.
Next year will be Wallis' 12th campaign with the Dogs after arriving at the club as a father-son selection in the 2010 National Draft.
Wallis has played 157 games for the Dogs since making his debut in 2011, averaging just under 19 disposals per game and booting 105 goals across his career.
Cleary's report comes on the same day the Bulldogs traded midfielder Patrick Lipinski to Collingwood for Pick 43.