The new and improved contract will keep him at St James’ Park until the summer of 2015.
Taylor said: “I’m over the moon. It’s been a quiet one to get done and didn’t take long. I stated not so long ago that I would love to stay here, and that has always been the case.”
Taylor continued: “Playing every week helps and having a good manager has been a massive plus for me as well.
“When the gaffer came in first of all I was injured, so I’ve had to prove myself to him. But this season has been great for me on a personal note, and to have played in every Premier League game bar two or three then it’s been a great season.”
Newcastle boss Alan Pardew said: “I am delighted to secure a contract extension for Ryan. He has been outstanding for me this season wherever I have asked him to play.
“Ryan is a fantastic player who is firmly in the hearts of our fans, not only for his derby winner against Sunderland but also because of some excellent performances in the Newcastle shirt.
“On the back of agreeing new deals last week with Tim Krul and Fabricio Coloccini, this gives us a huge boost going into the final 11 games, and hopefully Ryan can help us make this a truly memorable season.”
