Wild pending restricted free agent forward Oskar Olausson is in the final stages of negotiations with Swedish Hockey League club Frölunda HC, Mattias Persson and Johan Svensson of Expressen report.

It’s a return home for the once highly-touted prospect, who spent most of this season in the Wild organization. Selected late in the first round (28th overall) by the Avalanche in 2021, he was traded to the Sharks for depth winger Daniil Gushchin last offseason before Minnesota acquired him less than three weeks into the season for defender Kyle Masters.

In a historically difficult environment to produce in AHL Iowa, he was limited to 12 goals and 29 points in 63 outings. That’s emblematic of what’s been a rocky developmental road for Olausson, whose NHL resume consists of just four appearances with Colorado in various recalls from 2022 to 2025.

The sniper’s AHL production never really popped, either. He looked like he maybe had some NHL potential left in the tank in 2023-24, when he put up 11 goals and 20 points in 39 games amid an injury-plagued season, but his points per game rate fell again after that brief surge. His underwhelming scoring line this season actually stands as a career high.

Provided Minnesota issues Olausson a qualifying offer, they’ll retain his NHL rights until 2030 if he indeed heads to Sweden. A breakout there could always preface a return to North America – he is still just 23 years old. It’s unclear how long Olausson plans to sign for with Frölunda.

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