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Negotiations for Lloyd’s deal began at the start of this year and while he admits it took longer than expected, he’s now settled in Sydney until at least the end of 2018.
Lloyd has been one of the Swans’ most consistent players, having missed just one game since he made his debut back in round five, 2014.
The 22-year-old attracted interest from a number of opposition clubs but said his intention was always to remain a Swan.
“I’m really happy to get it out of the way before the end of the season, now I can focus on the next five weeks and then finals,” Lloyd said.