Manchester United boss Jose Mourinho has described Michael Carrick's experience as "invaluable" and ability "as strong as ever" after the veteran midfielder agreed a one-year contract extension with the club.
The deal, which runs through to June 2017, means Carrick is set for an 11th year with United.
Since joining from Tottenham in 2006, the 34-year-old has helped the Red Devils claim five Barclays Premier League titles as well as win the Champions League, FA Cup and League Cup.
There had been plenty of talk towards the end of last season about the prospect of Carrick leaving this summer.
But since Mourinho's appointment as manager on May 27, quotes from two different sources - former United player Paddy Crerand and Australian club Perth Glory, who were interested in signing Carrick - have suggested the ex-West Ham man would be staying on at Old Trafford.
And as part of an announcement from United on Thursday confirming such an agreement had been reached, Mourinho made it clear the worth he sees in Carrick.
He said on manutd.com: "Michael is a very intelligent midfielder and a great reader of the game. I am pleased that he will be extending his contract.
"His form this year shows his ability and his enjoyment of the game are as strong as ever.
"Michael has a wealth of experience from his many years at the club and that knowledge will be invaluable to me. I am really looking forward to working with him."
Carrick was part of the United side who won the FA Cup final on May 21, securing the cub's first major trophy since 2013 in what proved Louis van Gaal's last game as manager.
Carrick has expressed his delight at the prospect of working with Van Gaal's successor Mourinho and set his sights on more silverware.
"This great club has been a part of my life for the past 10 years, so I am delighted that this incredible journey is continuing," Carrick said.
"It's great to have the opportunity to work under Jose Mourinho, who has achieved so much during his managerial career.
"I would like to thank the fans for their unwavering support. Winning the FA Cup was a special moment and, hopefully, we can go on to win more trophies in the future."
Carrick, who has 34 England caps, made 28 Premier League appearances for United last term.