As of this writing, contract details have yet to surface.
Calvert is playing in the final year of his three-year, $2.1 million entry level contract that carries an annual average value of $891,667 against the salary cap. He was scheduled to become a restricted free agent. The new two-year extension will begin next season and carry through the completion of the 2014-15 season.
The 23-year-old forward was originally selected with the No. 127 overall pick in the 2008 NHL Entry Draft by the Blue Jackets. He made his NHL debut in January of 2011, appearing in 42 games and recording 20 points (11 goals and nine assists). After playing only 13 games with the Blue Jackets in 2011-12, Calvert has spent the entirety of 2013 with the team.
In 42 games this season, he has accumulated nine goals and seven assists for 16 points. Calvert averages 14:10 of ice-time per game, which includes an average of 1:11 on the penalty kill.
Calvert is one of four pending-restricted free agents that Columbus reportedly hoped to re-sign. In mid-March, Aaron Portzline of the Columbus Dispatch reported the organization was planning to begin negotiations with goaltender Sergei Bobrovsky, Artem Anisimov, Cam Atkinson and Calvert.
Considering the season Bobrovsky is having, one would imagine he and his representation will wait until awards season is over before signing any documents. A potential Vezina Trophy and Hart consideration surely couldn't hurt in earning a few extra dollars.
In terms of Anisimov and Atkinson, there hasn't been any news in the status of their negotiations.