Burns joined the Red V from Penrith before the 2021 season as part of a swap deal with giant young prop Eddie Blacker, but has played just 19 games for the club after an injury-affected year saw him make just four appearances in the Red V.
The Parkes Spacemen junior was elated to be extending his stay at the club he supported as a youngster.
“I was a fan of the club growing up, so to stick with the Red V for another season is exciting. If I’d told my younger self he’d be a Dragon when he grew up, he wouldn’t believe me. It makes me very happy,” Burns said in a club release.
“2022 was a disjointed campaign for me so I’m under no illusions, I have plenty of areas to work on as a player throughout pre-season and next year.”
Dragons GM of Football Ben Haran confirmed the club have extended Burns with a view to making him a first-team regular.
“Billy’s contributions over the past two seasons have been positive,” Haran said.
“The potential he has to be a permanent first-grade fixture moving forward were all key considerations when re-signing him.”
Burns’ extension comes as the club re-signs a number of young prospects, with Blake Lawrie, Jayden Sullivan, Tyrell Sloan, Jaiyden Hunt and Mat and Max Feagai all committing their futures in the past few months.