The 31-year-old agreed a new one-year deal with Carlos Carvalhal's side.
The 31-year-old struggled for game-time for the Championship club last season.
The Owls stalwart has extended his contract until 2017.
The Owls have offered new contracts to long-serving star Jose Semedo, along with Lewis Price and Caolan Lavery.
The 31-year-old might have played his final game for the Owls.
The Portuguese midfielder says he rejected Newcastle United.
Sheffield Wednesday can only finish sixth in the Championship, whatever happens.
Jose Semedo has only played 15 times for Sheffield Wednesday this season.
Carlos Carvalhal believes that his countryman is a leader among the squad.
Sheffield Wednesday will face Preston North End in the Championship on Saturday.