It started with Alex Belzile, and now Gustav Olofsson is the next to get a contract extension. The Montreal Canadiens announced they’ve come to terms with Olofsson for a one-year deal that will see him through the end of the 2020-21 season.
The new contract is a two-way deal that will see the defenceman get a $50,000 cap-hit increase from $700,000 to $750,000. Additionally, Olofsson’s AHL salary gets a boost from $235,000 to $250,000.
Olofsson has had an interesting time as a member of the Montreal Canadiens organization. He was acquired in a deal with the Minnesota Wild ahead of the 2018-19 season in exchange for then Habs prospect Will Bitten.