The 25-year-old, who joined the Eagles in 2012 from Bristol City, was linked with Everton and Newcastle United during the summer.
However, the winger has opted to stay at Palace by putting pen to paper on a new contract following the return of manager Neil Warnock, according to Sky Sports News.
Bolasie had 12 months remaining on his previous deal.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Liverpool | 12 | 10 | 1 | 1 | 24 | 8 | 16 | 31 |
| 2 | Manchester CityMan City | 12 | 7 | 2 | 3 | 22 | 17 | 5 | 23 |
| 3 | Brighton & Hove AlbionBrighton | 13 | 6 | 5 | 2 | 22 | 17 | 5 | 23 |
| 4 | Chelsea | 12 | 6 | 4 | 2 | 23 | 14 | 9 | 22 |
| 5 | Arsenal | 12 | 6 | 4 | 2 | 21 | 12 | 9 | 22 |
| 6 | Tottenham HotspurSpurs | 12 | 6 | 1 | 5 | 27 | 13 | 14 | 19 |
| 7 | Nottingham ForestNott'm Forest | 12 | 5 | 4 | 3 | 15 | 13 | 2 | 19 |
| 8 | Aston Villa | 12 | 5 | 4 | 3 | 19 | 19 | 0 | 19 |
| 9 | Fulham | 12 | 5 | 3 | 4 | 17 | 17 | 0 | 18 |
| 10 | Newcastle UnitedNewcastle | 12 | 5 | 3 | 4 | 13 | 13 | 0 | 18 |
| 11 | Brentford | 12 | 5 | 2 | 5 | 22 | 22 | 0 | 17 |
| 12 | Manchester UnitedMan Utd | 12 | 4 | 4 | 4 | 13 | 13 | 0 | 16 |
| 13 | Bournemouth | 12 | 4 | 3 | 5 | 16 | 17 | -1 | 15 |
| 14 | West Ham UnitedWest Ham | 12 | 4 | 3 | 5 | 15 | 19 | -4 | 15 |
| 15 | Everton | 12 | 2 | 5 | 5 | 10 | 17 | -7 | 11 |
| 16 | Leicester CityLeicester | 12 | 2 | 4 | 6 | 15 | 23 | -8 | 10 |
| 17 | Wolverhampton WanderersWolves | 12 | 2 | 3 | 7 | 20 | 28 | -8 | 9 |
| 18 | Ipswich TownIpswich | 12 | 1 | 6 | 5 | 13 | 23 | -10 | 9 |
| 19 | Crystal Palace | 12 | 1 | 5 | 6 | 10 | 17 | -7 | 8 |
| 20 | Southampton | 13 | 1 | 2 | 10 | 10 | 25 | -15 | 5 |
| > Premier League Full Table | |||||||||
