John Terry is reportedly willing to accept a one-year contract extension to prolong his 17 year professional career at Chelsea. Terry is the club captain and will likely have to take a pay cut to sign the deal when his current five-year deal worth £150,000-a-week comes to an end in June.

The 33 year old was interested in a two-year deal, but Chelsea have told him in no uncertain terms that the club’s policy for players over the age of 30 is to offer only 12 months and he will not be an exception. Terry has accepted this fact and is now keen to tie up his future as soon as possible.

The center back is the last Chelsea academy player to establish himself in the first team, and has been enjoying a renaissance of sorts under new manager Jose Mourinho, who has personally assured Terry of a resolution before the summer.

In October 2012, Chelsea had reportedly decided to let Terry walk after this season, but Mourinho’s return last summer might have changed Chelsea’s mind about Terry. Terry was outstanding in Chelsea’s 0-1 victory at the Etihad on Monday and has completed 90 minutes in all the Premier League fixtures so far this season.

Chelsea are also poised to offer new contracts and pay rises to central defender Gary Cahill and makeshift left-back César Azpilicueta as  reward for their impressive performances this season, despite their current deals not expiring until June 2017.

[contextly_auto_sidebar id=”9uGsutY8oFi4bAakZUjKThduOa2dwUtQ”]Terry’s central defensive partner Cahill is currently on £80,000-a-week after having made a £7 million move from Bolton Wanderers in 2012. Chelsea are now willing to offer the 28-year-old a pay rise to take him into the next band of earners on around £100,000-a-week and add up to two more years on to his current contract.

Meanwhile fullback Azpilicueta is thought to be earning less than Chelsea youngsters Josh McEachran and Nathaniel Chalobah, who are both out on loan. Azpilicueta has established himself as Chelsea’s first-choice left-back this season and as recognition for his growing standing in the club, the 24-year-old could be offered a double-your-money rise to around £60,000 a week and have his contract extended past 2017.

Cahill, Azpilicueta and Terry have helped Chelsea to concede just two goals in their last 10 games, keeping eight clean sheets.