The extension of his contract is on top of his initial deal scheduled to finish in 2020, which means Walters will remain in purple until the end of 2022.
The 27-year-old has played 129 games for Freo, and managed 18 appearances for the club in the 2018 season playing as a forward and midfielder, averaging 20 disposals per game and kicking 22 goals.
Walters said to fremantlefc.com.au he really loves this football club.
“I’m really committed to this footy club,” Walters said.
“To be a one-club player is exciting for me. I’m from WA and from Perth and I’ve been here 10 years. To have my family come to the majority of my games has been exciting for me.”
Walters has been a leader at Fremantle for the last few years and looks forward to continuing that role and inspiring the younger players on the list.
“Everyone knows there’s going to be a bright future with our young group,” Walters said.
“I think I’m in the top-five eldest players at the club now and I’ll be 28 next year. I’m very excited to be a part of it for the next four years.
“The culture here is strong as a footy club. As I keep saying, we do have a young group and the exciting part is, they can play with each other for a number of years and that chemistry is just going to get stronger.”
Just like the past 11 years, Walters will commence pre-season training when the team arrives back from break and is looking forward to spending time with the new recruits brought in through the trade period.
“I can’t wait to get back into training. The off-season program has been pretty tough and we’re starting to hit our straps now.
“I’m going to relax for the next couple of weeks and spend time with the family but I definitely can’t wait to get back.”