Taylor will pick up £35,000 a week.
Good wages, I'm sure, but Barton (rotting in jail) is on £63,000 and he refuses to take any less!
Kevin Keegan: "I'm very happy to see Steven sign a new contract.
"As well as looking to strengthen your squad from outside, you also want to make sure you keep the best players you already have.
"Steven has come through the ranks of the academy into the first team and his future is at Newcastle United."