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Canadiens Prospect Oliver Kapanen Signs With SHL’s Timrå IK

May 9, 2024 at 1:00 pm CDT | by Josh Erickson Leave a Comment

Canadiens fans may have to wait a little longer to see 2021 second-round pick Oliver Kapanen in North America. The Finnish center has signed a two-year contract with Timrå IK of the Swedish Hockey League, the club announced Thursday.

The Habs have yet to come to terms on an entry-level contract with Kapanen, which they must do by June 1, 2025, to avoid losing his signing rights and letting him become an unrestricted free agent. They can still sign him this summer if they wish, but in the likely event he doesn’t make the NHL roster, today’s news means he must be offered back to Timrå on loan before he can be assigned to AHL Laval. However, he could play in Laval in 2025-26 without Timrå’s permission.

Kapanen, 20, is a Finnish national but returns to his birthplace of Timrå for the next step in his professional career. The 6’1″ pivot has developed well over the past two seasons with KalPa in the Finnish Liiga, totaling 27 goals and 65 points in 124 games since making his top-level debut in 2021-22.

He’ll be suiting up for the Finnish men’s national team for the first time starting tomorrow at the 2024 World Championship, although it’s not his first experience on the international stage. He captained Finland’s contingent at the 2023 World Juniors, scoring twice and adding an assist in five games.

Kapanen should be in line for a significant role with Timrå next season. He ended 2023-24 on an electric tear with KalPa in the postseason, tying for the team lead in scoring with seven goals and 14 points in 13 games. He’ll join a Timrå offense featuring former Oilers forwards Anton Lander and Magnus Pääjärvi, as well as Senators prospect Oliver Johansson and Penguins prospect Filip Hallander.

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