Canucks Sign Linus Karlsson To Two-Year Extension

The Vancouver Canucks continue to work on figuring out next year’s roster as they enter a transitional period. The Canucks announced that they’ve signed forward Linus Karlsson to a two-year, $4.5MM extension ($2.25MM AAV).

Vancouver has obviously liked what they have seen from Karlsson’s first full year with the team. Despite being selected with the 87th overall pick of the 2018 NHL Draft, it took Karlsson multiple years to find a consistent spot on the Canucks’ roster.

Much of that time post-draft was with Karlskrona HK and BIK Karlskoga of the HockeyAllsvenskan. His status as an upper-level prospect with the Canucks began in the 2020-21 season, scoring 20 goals and 51 points in 52 games with Karlskoga. He followed that up with a sensational introductory performance with the SHL’s Skellefteå AIK, registering 26 goals and 46 points in 52 games, taking home SHL Rookie of the Year honors.

Understandably, the Canucks quickly brought him to North America following that performance. He spent the entire 2022-23 season with the AHL’s Abbotsford Canucks, recording 24 goals and 49 points in 72 games. Much like he did in Sweden, he followed that up with an even better showing, scoring 23 goals and 60 points in 60 games the next year while also making his NHL debut.

Last season was the most Karlsson had seen in the NHL until this year, though it wasn’t the showing that he or the team likely wanted. There was virtually no offense to his game in the sport’s highest league, finishing with three goals and six points in 23 contests. Still, his defensive metrics were impressive and proved valuable at some moments, given that he spent much of his time relegated to a bottom-six role.

Regardless, his subpar play in the NHL couldn’t take away from his impressive run in the AHL. Karlsson concluded the 2024-25 campaign with 23 goals and 39 points in 32 games for the AHL Canucks. Additionally, he helped the team win the Calder Cup, recording 14 goals and 26 points in 24 postseason appearances with a +4 rating.

Although his offense has been much better this season, nine goals and 16 points in 36 games, his defensive metrics have declined dramatically. Karlsson finished with a 94.3% on-ice SV% at even strength last season, and has only mustered an 85.8% mark this year.

Still, Karlsson is on pace for 20 goals this year, which is ultimately a win for the Canucks. At the beginning of the year, there was some concern that Karlsson would become a Group VI unrestricted free agent next summer, though he’s certainly on pace for 80 career games now. Regardless, Vancouver has committed to him through the 2027-28 season, and he’s currently projected to become the team’s eighth-highest-paid forward.

Photo courtesy of William Liang-Imagn Images.