Dayne Beams has agreed a new four-year deal with Collingwood that will see him remain at the club until the end of the 2022 season.
According to Jake Niall from The Age, Beams has agreed a deal that will see him paid considerably less than what he was earning at Brisbane.
Beams returned to Collingwood during the trade period after spending four years at the Lions.
The 28-year-old signed a six-year deal with the Lions, which was meant to end at the end of 2020. The deal was front loaded and would have seen Beams earn $500,000 in his last two seasons.
Beams joins a list of players to re-sign with the Magpies in 2018.
Jordan De Goey renewed his contract during the 2018 season, while Lynden Dunn, Tyson Goldsack and Levi Greenwood all extended their deals for the 2019 season.
Darcy Moore and Tom Langdon received plenty of interest from opposition clubs during the trade period but agreed to remain at the Magpies.