The Carolina Hurricanes announced on Monday that the team has signed forward Teuvo Teravainen to a five-year, $27 million contract. Teravainen’s new deal, which kicks in next season, will carry a $5.4 million annual cap hit and will keep him with the Hurricanes through the 2023-2024 season.
Hurricanes President and General Manager Don Waddell released the following statement with the announcement of the deal:
“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,” said Waddell.