Avs grab Grigorenko for one year

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The Colorado Avalanche signed Mikhail Grigorenko – a significant part of the Ryan O’Reilly trade – to a one-year contract on Thursday.

This isn’t official, but word from Bleacher Report’s Adrian Dater is that the contract is one-way and worth $675K.

As you may remember, the Buffalo Sabres weren’t pleased that Grigorenko insisted on a one-way deal, so that factor is pretty significant. The 21-year-old was part of a trade package that also sent the 31st pick of the 2015 NHL Draft, Nikita Zadorov and J.T. Compher from Buffalo to Colorado.

The 12th pick of the 2012 NHL Draft endured a bumpy start with the Buffalo organization, as he struggled at the NHL level with the Sabres but put up often-impressive numbers in the QMJHL and AHL over the years.

Grigorenko probably needed a fresh start, and Colorado could very well be a nice fit for the Russian. His development will likely play a key role in how that trade his viewed a few years down the line.