Essendon star Darcy Parish is understood to have signed a new two-year extension with the club.

The Bombers confirmed on Tuesday evening that Parish has inked a new contract that will keep him at the club until the end of the 2023 season.

Parish has enjoyed a breakout season in the red sash, rising into Brownlow contention as one of the league's best contested ball winners.

The retention is a huge boost for the Bombers, who recently re-signed gun onballer Zach Merrett to a long-term deal.

Parish's new deal will take him to free agency, but will still be a sigh of relief for coach Ben Rutten for the time-being.

โ€œWeโ€™re building something pretty special at Essendon and it was a very easy decision to sign on again,โ€ Parish said, via the club website.

โ€œWe have a really clear plan under โ€˜Truckโ€™ (senior coach Ben Rutten) and Dysonโ€™s (captain Dyson Heppell) leadership and weโ€™re all really determined and hungry to build on what weโ€™ve started this year, but we know we have a long way to go.

โ€œItโ€™s been a really enjoyable place to be this season. I think that is really evident to our members and supporters and we have a lot of growth in us as a developing team. Iโ€™m excited to continue to build my own game and to see whatโ€™s in store as we continue to develop as a playing group over the coming years.โ€