Michael Ausiello
November 24, 2009 AT 06:24 PM EST

This was pretty much a no-brainer: USA Network has renewed Burn Notice for a fourth season, sources confirm to me exclusively.

A report that BN had been picked up appeared in the trades last July, but a USA insider says the season 4 deal only became official yesterday.

The smash hit is slated to return with the second half of its third season in January. The 16-episode fourth season would likely debut next summer.

The news comes a day after USA picked up Psych for a fifth season.

Image Credit: Joe Pugliese/USA

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