Richmond's General Manager - Football Talent, Dan Richardson said Maric has plenty to offer on and off the field.
"We've been in discussions with Ivan for a number of weeks, and we're really pleased he's staying with us in 2017," Richardson said.
"Ivan is a fierce competitor and gives his all in every training session and game he plays, and his teammates thrive off that.
"He's also a great leader and positive role model, not just for his teammates, but everyone at the Club, and we look forward to seeing more of that in 2017."
Maric said he took the necessary time to decide his playing future.
"After a personally testing year, I took time to consider my options, but ultimately the friendships and connections I have with my teammates make Richmond my home, and where I belong," Maric said.
"I believe I am capable of playing good football at AFL level, and will continue to show guidance and leadership on and off the field."
http://www.richmondfc.com.au/news/2016-10-05/maric-remains-a-tiger-for-2017