Columbus Blue Jackets goaltender Sergei Bobrovsky, the reigning Vezina Trophy winner, is staying put.

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."