Dayne Beams is the Magpies' latest example of a player willing to put potential riches aside in order to be part of a successful group, the club emphasised on Thursday.

Beams, 22, confirmed a three-year contract extension after a few weeks of "tying up loose ends".

He joins Scott Pendlebury, Dane Swan, Heath Shaw, Jarryd Blair, Steele Sidebottom, Luke Ball and Dale Thomas as players to have recommitted in recent years.

"They've put the fact they want to be part of something that hopefully produces some great results in their careers over and above everything else, whether that be financial reward or anything else you'd like to talk about," Collingwood director of football Geoff Walsh said.

"[Beams] like the other guys that have committed are looking at team success and knowing that if we get team success, the individual success will follow."

Walsh said negotiations regarding players like Ben Reid, Sharrod Wellingham and Harry O'Brien were on-going but indicated there could be more announcements "in the next few days".

Still, the future of power forward and restricted free agent Travis Cloke remains unconfirmed with talks on hold until the end of the season.

Walsh denied the decision to halt negotiations with the Cloke party had allowed for Beams to be sewn up, and pointedly said the Pies were keen to secure those "who want to be part of Collingwood".

"We work to a plan, we plan these things fairly meticulously, more than a year out," he said.

"We've got a plan that hopefully everyone who wants to be part of Collingwood, we'll be able to accommodate them.

"The thing is, you've got to want to be part of Collingwood so if you want to be part of Collingwood, we'll be able to accommodate you."

For Beams himself, there was never any danger of him continuing his AFL career elsewhere.

He said he wasn't aware of rival offers, and didn't consider leaving the club despite his Queensland roots and fact his brother Claye plays for the Brisbane Lions.

He also echoed the recent thoughts of O'Brien and said he was prepared to potentially forgo bigger financial carrots in order to stay with the club he played in the 2010 premiership with.

"I don't know what goes on inside other guys' heads but for me it was just if you want to be at a successful organisation, I think you've got to pay a price sometimes," Beams said.

"I think we've seen over the years at Geelong with those teams and successful sides, all their players have stuck together and as you can see now, they've been a really successful team for a long period of time.

"That's where this club wants to get to and that's where hopefully I fit into it, and I want to be a part of it."

Jennifer Witham is a reporter for AFL Media. Follow her on Twitter @AFL_JenWitham.

The views in this article are those of the author and not necessarily those of the AFL or its clubs.