Sylvan Ebanks-Blake has pledged his long-term future to Wolves by signing a new contract that will keep him at Molineux until June 2013.
The 23-year-old former Manchester United trainee, who scored 25 goals last term, is looking forward to playing for Mick McCarthy's side in the Premier League.
"This is a reward to Sylvan for his outstanding goalscoring for the club in the last two years," chief executive Jez Moxey told the club's official website.
"We want him to feel absolutely magnificent going into the Premier League, where hopefully he can do exceptionally well.
"It's a big step up but he's really happy about being here and sees his long-term future here too, and we feel we have to act accordingly."