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‘Canes sign Teuvo Teravainen to two-year extension

Carolina Hurricanes v New York Rangers

NEW YORK, NY - DECEMBER 03: Teuvo Teravainen #86 of the Carolina Hurricanes skates against the New York Rangers at Madison Square Garden on December 3, 2016 in New York City. The Rangers defeated the Hurricanes 4-2. (Photo by Bruce Bennett/Getty Images)

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The Carolina Hurricanes have locked up one of their productive young forwards, as they’ve signed Teuvo Teraivanen to a two-year deal worth $5.72 million ($2.86 million per year).

The 22-year-old scored a career-high 15 goals and 42 points in 81 games during his first season in Carolina.

“Teuve is a highly-skilled player and an important part of what we are building here,” executive vice-president and GM Ron Francis said in a release. He’s still a very young player and we look forward to seeing him take the next step in a Hurricanes uniform.”

The deal allows him to become the fourth-highest paid forward on the team behind Jordan Staal ($6 million), Jeff Skinner ($5.725 million) and Victor Rask ($4 million).

If Carolina wants to add a little more scoring punch to their lineup, they have over $24.5 million in cap space.

Last off-season, Carolina acquired Teravainen and Bryan Bickell from the Chicago Blackhawks for a pair of draft picks. The deal has worked out pretty well for the ‘Canes.