The San Jose Sharks have signed Luca Cagnoni, an offensively prolific defenseman, to a standard three-year entry-level contract.
The deal carries an average annual value of $950,000 and a cap hit of $895,000 at the NHL level, per PuckPedia.
The 19-year-old Cagnoni, a fourth-round draft pick by the Sharks last year, finished the regular season with 90 points in 65 games for the Portland Winterhawks as he became the first Western Hockey League defenseman in over 30 years to record 90 points in a season.