TAYLOR Adams looks set to play out the rest of his career at Collingwood, with the midfielder on the verge of signing a new long-term deal.

AFL.com.au understands Adams is close to inking what is expected to be a four or five-year contract extension.

The former Giant was due to fall out of contract at the end this year, but his new deal would have him tied to the Magpies through to the end of 2023 or 2024.

Adams has been a key player for the Magpies since crossing to the club at the end of 2013 after two seasons with Greater Western Sydney.

Adams was Collingwood's best player in its Grand Final loss to West Coast last year, finishing second in voting for the Norm Smith Medal with seven votes, four behind winner Luke Shuey (11 votes).

He finished second in Collingwood's best and fairest in 2017 and fifth last season, when he played 23 games and averaged 27 disposals.

Adams will form part of perhaps the competition's most formidable midfield this season, alongside skipper Scott Pendlebury, Steele Sidebottom and new recruit Dayne Beams, who returns to the club after four seasons at Brisbane.

Wingman Tom Phillips is another who is edging closer to a new deal after becoming an important player for the Pies last season, while Jack Crips and Daniel Wells are among the other notable Magpies to fall out of contract this season.