Liverpool captain and talisman Steven Gerrard has agreed a two-year extension to his existing contract, the club's official website today reported.
Once signed, this deal will keep the 28 year-old at Anfield until 2013.
The news completes a productive month for Liverpool both on and off the pitch.
Progression in the Champions' League was followed by high profile wins over Manchester United and Aston Villa, putting the Merseyside club right back in the title race.
This was followed by the end of a protracted contract saga between manager Benitez and the club as they agreed upon a new five-year deal.
Many of Benitez's backroom staff also signed new contracts, including two former players at Anfield assistant Sammy Lee and first team coach Mauricio Pellegrino.
Speaking to the club's website this morning, Benetiz said of the Gerrard deal: "This is fantastic news for the club."
"Steven has once again shown his commitment and it was an easy deal to agree. As soon as we offered him the option he said yes."
The news will come as a welcome relief for all Liverpool fans who remember the drama surrounding previous contract talks involving Gerrard. In 2005 he appeared to come perilously close to signing for rivals Chelsea before the Champions' League victory over AC Milan.
Gerrard has been crucial to Liverpool's resurgance over the last month, playing a key role in the 4-0 demolition of Real Madrid at Anfield and hitting a hat-trick against Aston Villa. He leads the club with 22 goals in all competitions this season.