The Calgary Flames defenseman, who was a restricted free agent, had an arbitration hearing in Toronto on Monday and the arbitrator had a 48-hour deadline to make a decision. Kulak can become a restricted free agent July 1, 2019.
The 24-year-old had NHL career highs in goals (two), assists (six), points (eight) and games played (71) with the Flames last season. Calgary placed Kulak on waivers July 19.
Kulak was coming off a one-year, two-way contract worth $650,000 at the NHL level he signed Aug. 28.
Selected by Calgary in the fourth round (No. 105) of the 2012 NHL Draft, Kulak has 11 points (two goals, nine assists) in 101 regular-season games with the Flames.