""I'm a big family man and it's always in my mind wanting to go home and be with my family, but I made the right decision for my family in Melbourne – my daughter, my partner and also myself,"" he said.
""I see that the Essendon Football Club is the place for me to be to get the most out of myself.""
The deal comes on the back of the five-year contract handed to Michael Hurley earlier this year, meaning the club has secured its two key targets.
""I love this place and everyone that's involved in this footy club,"" Ryder said.
""I've got great mates here and I really look up to the coaches. Living in Melbourne isn't too bad. I'd prefer to probably be closer to my family, but I really love this place dearly.""
Coach James Hird admitted he was relieved Ryder had signed with the club despite possible lucrative offers interstate.
""Knowing Paddy's character we weren't concerned, but when money gets thrown around and the type of money people are talking about, people have always got to think about it,"" Hird said.
""So [there was] a slight concern, but we're just very excited Patrick's decided to stay at Essendon and be an Essendon player for another four years.""
After a tough 2011 season, Ryder has blossomed in 2012 as he juggles his ruck work with a position deep in attack. He has played every match and is averaging more than 15 disposals, 20 hit-outs and almost six marks.
""We know that when Paddy plays really well we're almost impossible to beat,"" Hird said.
""I think one of the things we've seen since we've got here is how much his teammates love playing football with him.
""It's not just his form on the field and the way he's playing at the moment, but off the field he's a really important part of our team and our culture.""