Burton, who underwent a full-knee reconstruction in July, was presented with the new contract more than a fortnight ago, but has taken until now to accept it.
Last week coach Neil Craig revealed Burton, who is only expected to play a handful of games next season, had taken a pay-cut to remain on the list during his rehabilitation.
But the high-flying forward said there was never any doubt he would re-sign with the club where he began his career back in 1999.
“The terms are all agreed to and I’m looking forward to playing again with the club next year,” Burton said on Tuesday.
“As an AFL player, you want to spend your whole career at one club and I’m going to be able to do that.”
Burton, 30, was in career-best form prior to rupturing his anterior cruciate ligament and still leads Adelaide’s goalkicking, despite not having played since round 15.
He was no certainty to be offered a contract for next year, but the Crows have showed faith in their 164-game veteran.
“It was obviously good that the club backed me in. Being 30 years of age and not being able to play too many games next year was a hard decision for them, but they looked favourably upon me and I’m looking forward to coming back and having another crack at it,” Burton said.
“It’s just a matter of doing the paperwork now. We just need to print the paper and sign it basically, so that will all be finalised soon.”
Burton will have the large brace on his left knee removed on Wednesday with the aim of commencing running over the coming weeks.
Craig was hopeful the enigmatic forward could return to his best and play on beyond the 2009 season.
"We hope Brett can get the knee rehabbed back to a level where he can display the form he has this year because his form was consistent," Craig said.
"He’s played at the level [he reached this year] before, but I think the thing that stood out to us was the consistency of it.
“He stayed out on the track, he had minimal soreness and I still think he has a significant amount of football left in him provided he can get his knee right."
Football operations manager John Reid said there was no option clause in the contract for a second year, but the club had taken a longer-term view on the situation.
"The club has decided to keep Brett on and the terms and conditions have now been agreed," Reid said.
"We're very pleased about that and we know Brett will rehabilitate very strongly.
"We're not expecting miracles from Brett next year. From the medical reports he'll be the best part of 12 months out of the game, but we consider our investment in next year's contract as really an investment for 2010.
"He needs to get through next year and if he does we'll sit down and negotiate another contract."
