The last remaining restricted free agent of the Buffalo Sabres set to head for salary arbitration is now under contract.
The team announced on Thursday that it has re-signed forward Victor Olofsson to a two-year contract worth an average annual value of $3.05 million.
The 25-year-old winger was set to have his salary arbitration hearing with the NHL on Wednesday, Nov. 4.
Olofsson put up an impressive first full season in the National Hockey League with 42 points (20+22) in 54 games played, and finished fourth in league scoring among rookies. He was named the NHL Rookie of the Month for both the months of October and December, but suffered a significant ankle injury on Jan. 2 that forced him to miss 15 games. If the season had been played to its full conclusion, Olofsson was on pace to score 25 goals and amass 27 assists for 52 points in 67 games.
In the end, Olofsson missed out on being a top-three finalist for the Calder Trophy as the NHL's Rookie of the Year. The native of Örnsköldsvik, Sweden finished seventh in league voting for the award, while Colorado Avalanche defenseman Cale Makar was voted as the winner by the Professional Hockey Writers' Association.
In his brief 60-game career in the NHL, Olofsson has scored 22 goals and registered 24 assists for 46 points.
According to CapFriendly.com, the Sabres now have a projected salary cap space just north of $3.495 million heading into the 2020-21 season. Buffalo only has one restricted free agent left to sign in Casey Mittelstadt, but he is not eligible for arbitration.