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Pittsburgh Penguins Place Linus Olund On Unconditional Waivers

May 29, 2020 at 11:21 am CDT | by Gavin Lee Leave a Comment

Friday: Olund has cleared waivers according to CapFriendly.

Thursday: The Pittsburgh Penguins are clearing a contract slot today, placing Linus Olund on unconditional waivers for the purpose of a contract termination. Olund’s entry-level contract extended through 2020-21, but he will be allowed to pursue other opportunities should he clear waivers tomorrow.

This move comes without much surprise, given that Olund played this season in Sweden on loan from the Penguins anyway. The 22-year old forward spent the 2018-19 season with the Wilkes-Barre/Scranton Penguins after signing his deal, but managed just 15 points in 61 games and returned to the SHL this year.

A contract termination would technically make him an unrestricted free agent able to sign with another NHL organization, but it seems more likely that Olund will be spending the foreseeable future in Sweden’s top league.

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