TSN reports the five-year deal is worth worth $28.75 million.
Enstrom, 28, was second in scoring last season among Jets defensemen, posting six goals and 33 points in 62 games.
The native of Nordingra, Sweden is the Atlanta/Winnipeg franchise leader among defensemen in games played (380, sixth most overall), points (204, fourth overall) and assists (172, third overall).
Enstrom’s 32 career goals are one shy of Yannick Tremblay for most goals by a defenseman in franchise history. Enstrom holds the franchise single-season record for most assists by a defenseman with 44 in 2009-10.
He has represented his country in international competition six times, including four games and two assists at the 2010 Winter Olympics in Vancouver
Enstrom was chosen by Atlanta in the eighth round (No. 239) in the 2003 NHL Draft.
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