The Athletic says contract terms have been reached between Leeds and the former Everton striker this week.
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Calvert-Lewin returned to the negotiating table with Leeds after pricing himself out of a move to Elland Road last month.
The striker turned down a new contract offer from Everton as his deal ran down last season.
It's been suggested agents for the player also offered him to clubs in Italy, but with little interest arriving, Calvert-Lewin agreed to return to talks with Leeds.