Edmonton General Manager Steve Tambellini announced Tuesday that the Oilers have signed Magnus Paajarvi-Svensson
, their top pick in last year's Entry Draft, to a three-year entry-level contract.
Paajarvi-Svensson, taken with the No. 10 pick in the opening round, recently completed his third season with Timra of the Swedish Elite League. The 6-foot-2, 201-pound left wing finished third in team scoring with 29 points (12 goals, 17 assists) in 49 games.
"This is an exciting day for the Oilers organization," Tambellini said in a statement. "In signing his first NHL contract, Magnus has demonstrated through his junior and pro career with Team Sweden that he is an explosive player who exhibits great determination going to the net. We look forward to seeing him at his first NHL training camp this fall."
Paajarvi-Svensson figures to get every opportunity to make the team during training camp this fall after the Oilers finished last in the overall standings. They will have the No. 1 pick in the Entry Draft on June 25.
The 19-year-old has also seen considerable action internationally, most recently winning the bronze medal at the 2010 World Championships in Germany with Team Sweden. He led the team in scoring with 9 points (5 goals, 4 assists) in nine games, was third in tournament scoring and was selected to the tournament all-star team.
Paajarvi-Svensson also won silver medals with Sweden at the 2008 and 2009 IIHF World Junior Championship. In 2008, He became the youngest player ever to play with Sweden when he was just 16 years and 8 months old.