The new deal will keep the 29-year-old at White Hart Lane until the summer of 2015.
Defoe had been linked with a move away from Spurs in recent months.
Defoe has made 300 appearances and scored 119 goals for Tottenham.
What is your opinion? Feel free to discuss the article under. You have to comment by using your Facebook profile. Be fair and have respect for other people and opinions!
Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.