Tomer Hemed will be given a chance to force his way into Albion’s Premier League plans.
The club have taken up the option of an extra year when his current contract ends this month.
Hemed was sent out on loan to QPR last season.
He scored seven goals, the last two of them in a 4-0 win over the Swansea City side managed by Graham Potter.
Hemed, 32, has not played in the Premier League since January, 2018.
The new deal is aimed at protecting Albion's own investment in the Israel international rather than allowing him to walk away as a free agent.
But Potter also wants to see as many of the club's existing players as possible when they report back for pre-season.
That would allow him chance to make a favourable impression on the new head coach.
Hemed is known to be of interest to clubs in the Championship and overseas.
His goal could be to secure a deal at a decent level to take him into his mid-30s.
A move back to Israel would be a possibility should the sums add up but Hemed is adamant that is not his current plan.
In a recent interview, he said: “I still have a few good years left in me.
“Although there are offers from Israeli teams, I want to stay in Europe.
“There are teams from the Championship and La Liga that want me.”
Hemed enjoyed his time at QPR and would not be against a return to the capital.
He said: “I’ve played in many cities but London was the best in terms of being part of Jewish and Israeli communities.”
Hemed signed an 18-month deal with Albion midway through the 2017-18 season.
He has recently been on holiday in Italy and Israel after a groin injury ruled him out of internationals against Latvia and Poland.
His colleague Beram Kayal is set to play a key role for Israel as they take on Poland in a Euro 2020 qualifier in Warsaw tonight.
Kayal impressed in the 3-0 win in Latvia on Friday before being taken off for the closing stages.
His carefully chipped pass helped set up the second goal of a hat-trick put away by Guangzhou forward Eran Zahavi.
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