After rumors flew this past weekend that Bobrovsky might be on the trading block, the team announced Monday morning it has reached agreement on a new two-year contract with its starting goaltender.
According to Aaron Portzline of the Columbus Dispatch, the deal is worth $11.25 million, for an average annual value of $5.625 million.
Bobrovsky was set to become a restricted free agent if not signed by July 5.
"I'm very happy to be a Columbus Blue Jacket," Bobrovsky said. "My wife and I really like Columbus and the fans have been very nice to us and supportive of our team. I'm looking forward to the season and working with my teammates to help us to our goal of winning a Stanley Cup."
Bobrovsky, in his first season with the Blue Jackets, was second in the League with a .932 save percentage and fifth with a 2.00 goals-against average. He went 21-11-6 and became the first Russian-born goaltender to win the Vezina earlier this month.
"Re-signing Sergei Bobrovsky was a top priority for our organization and once again ownership has given us the resources to build a winning team," general manager Jarmo Kekalainen said. "Bob is a terrific player and an outstanding young man with a work ethic that is second to none and was a well-deserved winner of the Vezina Trophy this season as the NHL's top goaltender. He was a big part of the progress we made last season and we expect him to play an important role in the growth of our team."