The agent for Panthers wide receiver Steve Smith says the five-time Pro Bowler has agreed to a contract extension that will likely keep him with Carolina for the remainder of his career.

   Derrick Fox confirmed Tuesday Smith's new contract runs through the 2015 season with a club option for 2016. Smith's contract was to expire after the 2012 season.

  The Panthers have confirmed to Channel 9 that a three-year extension had been reached.

Fox did not disclose financial terms of the deal, but said Smith will sign the contract at a 3 p.m. press conference.

   Fox says his client is "simply ecstatic about being able to finish his career in Carolina."

   Smith, who turns 33 in May, has spent all 11 seasons with the Panthers.

Smith has seen a recent resurgence in the Panthers offense with addition of quarterback Cam Newton.

He was selected to the Pro Bowl last season after catching 79 passes for 1,394 yards with seven touchdowns.

Smith ranks first in team history with 67 total touchdowns (59 receiving, six return, two rushing), 59 receiving touchdowns, 699 receptions, 10,278 receiving yards, 14.70 receiving average and 38 games with 100 or more receiving yards. He has made a catch in a team-record 75 consecutive games dating to 2006.

Smith, 5-9 and 185 pounds, was selected by the Panthers in the third round (74^th overall) of the 2001 NFL Draft out of the University of Utah. He has played in 151 career regular season games with 130 starts and started all eight postseason games that he has played.