Former New Zealand prop Craig Dowd has agreed terms to stay with Wasps for two more seasons. Dowd, who joined the club in 2001, has been the cornerstone of the Zurich Premiership club's pack.
Wasps director of rugby Warren Gatland said: "I'm really pleased that Craig has agreed to the terms about his re-signing with us, as he is certainly an asset for the club."
"What makes his re-signing more remarkable is that with the current economic and financial situation within rugby circles these days, Craig is willing to take a significant pay-cut just to stay at Wasps. To me, this shows true commitment and loyalty from his side."
Dowd had no hesitation about agreeing to extend his stay at the club. "I'm very happy to be staying on at the club," he said.
"Wasps are a big club and on their way to greater heights. I'm confident that we will achieve this over the next two years and it's important for me to a part of it and therefore I will re-sign."
The 33-year-old added: "I'm really enjoying my rugby at the moment. I'm going to play these next two seasons and then re-asses it."