After a couple of very solid seasons, with 29 points and and a plus-21 in 2008-09, he is now expected to get a big raise. According to Aftonbladet, the contract is on a bit over $3 million per year, but no words on the length.
Update 1: It appears that Devils GM Lou Lamoriello has denied that it is a done deal. So I guess we will have to wait and see if there was any truth to Aftonbladet's article. In my experience though, if there is something Aftonbladet is good at, it is fishing up info about Swedish players signing in the NHL.
Update 2: Not surprising, the Devils confirmed the re-signing today.
"We are delighted to have Johnny Oduya stay with the organization," said Lamoriello. "He has developed into one of the more talented young defensemen in the National Hockey League."