The Carolina Hurricanes have signed forward Teuvo Teravainen to a five-year, $27 million contract extension.
Teravainen will carry a $5.4 million cap hit in each season of the contract, starting next fall.
“Teuvo has improved every year of his NHL career and has established himself as a cornerstone forward for the Hurricanes now and into the future,” Hurricanes president and GM Don Waddell said in a statement. “He has shown that he is capable of adapting and expanding his role with our team, becoming a key penalty-killer for [coach] Rod [Brind’Amour] this season. He’s still just 24 years old and we believe he will only continue to grow as a player.”
Drafted 18th overall by the Chicago Blackhawks in the 2012 NHL Draft, Teravainen was acquired by the Hurricanes in June 2016. He won the Stanley Cup in 2015 with the Blackhawks and has 65 goals and 123 assists throughout his career.