The Capitals have signed right winger Terik Parascak to his three-year, entry-level contract, the team announced today. It carries a the maximum ELC cap hit of $975K.
Parascak was the Capitals’ lone first-round selection in last week’s draft, coming off the board at 17th overall. He was one of the WHL’s most unexpectedly prolific scorers last season, exploding for 105 points (43 goals, 62 assists) in 68 games with the Prince George Cougars. The 6’0″, 173-lb forward led all WHL rookies and goals and points and finished eighth in scoring leaguewide after suiting up in just four contests for the Cougars in 2022-23, instead spending the campaign with a U18 prep program.
For his stellar rookie showing, Parascak received CHL All-Rookie Team honors and was named to the WHL’s B.C. Division Second All-Star Team. Those 105 points were the most by a rookie in all CHL leagues (OHL, QMJHL, WHL) since Patrick Kane had 145 and Sam Gagner had 114, both in the 2006-07 campaign. He tacked on 14 points in 12 playoff games to end the season as the Cougars were eliminated in the Western Conference Final.
But as such a late bloomer heading into his draft year, Parascak didn’t land the draft acclaim that you’d expect from those stats. He was ranked 15th among North American skaters by NHL Central Scouting and was viewed as a consensus late first-round pick. TSN’s Bob McKenzie’s polling of NHL scouts landed him at No. 25, so Washington pounced on the winger a tad earlier than expected.
That’s because, as Elite Prospects outlines in their 2024 NHL Draft Guide, there are major concerns about his skating and ability to drive play on his own, especially in transition. He struggled to exit his own zone cleanly throughout the season. It’s worth noting that Prince George had two other 100-point players: Wild 2023 second-rounder Riley Heidt (117) and Washington UDFA signing Zac Funk (123), both older than Parascak. They certainly helped bolster his scoring totals.
Parascak will be loaned back to Prince George next season, in all likelihood, bumping the start of his ELC to 2025-26. The 28-year-old is a May 2006 birthday, so Washington can execute that entry-level slide twice.