Todd pens Cumbrians deal
Cardiff manager Malky Mackay has played down talk linking him with the vacancy at Everton.
The Toffees are in the hunt for a replacement for David Moyes, who has joined Manchester United after a decade at Goodison Park.
Mackay is one of several names linked with the post, along with Roberto Martinez, Alan Stubbs and Phil Neville.
The 41-year-old has successfully guided the Bluebirds into the Premier League and insists he is making plans to strengthen the Cardiff squad
When asked about the link to Everton, Mackay told Talk Sport: "It's really just paper talk.
"I'm focused on what I'm doing at Cardiff. We've got a really busy time at the moment in terms of bringing players in, and the next couple of months are crucial for our team in terms of surviving in the Premier League.
"We need to go up there and give ourselves the best chance. For the last three weeks I've been out every day looking at different players. I'm just getting on with my job right now."
Todd, 19 next month, has put pen to paper on his second professional deal to keep him at Brunton Park until the summer of 2014.
Blues boss Greg Abbott told the club's official website: "Josh is a good player but he was a little bit unlucky last season.
"We know what he can do and we are delighted that he will be with us again next season.
"This gives him an opportunity to get back in June and do his work, and hopefully he will be pushing to make his mark."
Todd came through the youth ranks at Carlisle and signed his first contract last summer.
An injury hampered his progress during the early part of the season before he made his first-team debut in a 3-0 victory over Hartlepool on Boxing Day.