Vancouver Canucks right wing Vasily Podkolzin (92) Stephen R. Sylvanie-USA TODAY Sports

The Vancouver Canucks have signed forward Vasily Podkolzin to a two-year contract extension with an average annual value of $1M. The 22-year-old is in the final year of his entry-level contract and currently carries a cap hit of $925K. The timing of the extension is interesting as Podkolzin hasn’t shown much offensively at the NHL level over the past two seasons after a solid rookie year back in 2021-22.

As a rookie, Podkolzin dressed in 79 games for the Canucks and posted 14 goals and 12 assists while he averaged nearly 13 minutes of ice time per game and showed flashes of the skill that made him the tenth overall pick in the 2019 NHL Entry Draft. However, the following season, Podkolzin’s offensive numbers fell off a cliff as he registered just four goals and three assists in 39 NHL games and was demoted to the AHL where he played 28 games and tallied seven goals and 11 assists.

This season has been more of the same offensively, as Podkolzin has just two assists in 18 NHL games. However, he has been much more assertive physically and has shown more responsibility with the puck on his stick, leading to fewer turnovers.

The extension seems like a low-risk gamble by the Canucks to try and sign a player with a ton of potential to a low-cost deal that could pay huge dividends in the not-too-distant future. While Podkolzin hasn’t scored much in the NHL outside of his rookie season, he has solid underlying numbers and has other elements to his game to which he can contribute.

More must-reads:

TODAY'S BEST
Atlanta to be first race of NASCAR's In-Season Tournament
West Point alum made history in his MLB debut with Reds
Heat legend cautions Lakers against hiring JJ Redick
Welcome to the WNBA: Caitlin Clark sets infamous record in debut
Jalen Brunson leads Knicks to blowout win in Game 5 vs. Pacers
Nikola Jokic torches DPOY to lead Nuggets past Wolves in Game 5
Oilers use late heroics to tie Canucks at two games each
Watch: Astros pitcher ejected after foreign substance check
Kirk Cousins not angry with Falcons because winning is 'hard enough'
Bronny James has surprising comments on potentially teaming up with LeBron
Bills add two-time Super Bowl champ to new-look WR room
Brewers lose team-leading home run hitter to injured list
Sandy Alderson denies involvement in Mets, Billy Eppler IL controversy
Twins reliever shut down for six weeks with patellar tendon tear
Chris Finch throws shade at Nuggets star over Rudy Gobert’s fine
Cardinals head coach warns not to bet against Kyler Murray
Details emerge on Jason Kelce’s role at ESPN
Rangers defenseman wins Mark Messier Leadership Award
Ex-NFL head coach takes over as Arena Football League commish
Yankees young stud takes major step in return from injury