Fenerbahce didn't want to see Penny Taylor leave the team this season late in the Qualifying Round but the Australian departed, citing personal reasons.
Now the Turkish club has the forward back, with Taylor agreeing to extend her contract for a year.
The club has announced in a statement: "The Australian player of our championship team, Penny Taylor, extended her contract with Fenerbahce for one more year.
"Penny Taylor wore the Fenerbahce jersey in the last year, too.
"We wish Taylor success."
Taylor played nine games and finished as the EuroLeague Women's top scorer at 19.2 points per game last season.
The club reached the Quarter-Finals of the EuroLeague Women and also defended its Turkish league title.