Less than two weeks after he was selected with the No. 1 overall pick in the NHL draft, Nathan MacKinnon signed a three-year, entry-level contract with the Colorado Avalanche.
MacKinnon, a 17-year-old center, will earn $925,000 in base pay (the maximum allowed for a draftee), though he will count for $3,775,000 against the salary cap as bonuses are factored in, multiple media outlets reported.
"We're happy to have Nathan under contract and excited to see him at training camp," Joe Sakic, Colorado's Avalanche executive vice president of hockey operations, said in a statement.
The 6-foot, 182-pound MacKinnon scored 32 goals and had 43 assists in 44 games for the Halifax Mooseheads this past season, leading the team to the Quebec Major Junior Hockey League championship and the Memorial Cup.
MacKinnon comes from the same hometown as Pittsburgh Penguins star Sidney Crosby, Cole Harbour, Nova Scotia.
MacKinnon will join a young Avalanche core that also includes Gabriel Landeskog (the No. 2 overall pick in 2011) and Matt Duchene (the No. 3 overall pick in 2009).