In a move that is sure to lower the collective heartrate of all Magpies fans, Darcy Moore has inked a new two-year deal with Collingwood.

Per a report from SEN's Sam Edmund, it has been revealed that the All-Australian centre-half-back will earn between $800,000 and $850,000 for the next pair of seasons.

Although this new agreement will keep Moore in black and white until the completion of 2022 and past his 26th birthday, it will also expire as the father-son selection attains free agency status.

As per the league's free agency regulations, players who earn inside the top 25% of salaries at each club (the top 9-10 players) and have given eight years of service are eligible for restricted free agency status once their contracts are served.

Come the end of 2022, Moore's contract will have been fulfilled and he will have served the Magpies for a full eight seasons.

The expiration of this twin seasoned contract is also set to coincide when the collective bargaining agreement is due to be bolstered.

Although Collingwood fans will be breathing easy following the intercept defender's recommitment, there are still many deals that the Magpies must finalise.

The trio of Jordan De Goey, Josh Daicos and leading goalkicker Brody Mihocek also remain uncontracted for next season, as well as a settlement yet to be agreed upon with the departing Dayne Beams.

It has been suggested in multiple circles that Collingwood's salary cap is at its upper limits, so strap yourselves in for a busy off-season Pies fans, as this is just the first domino to fall.