The St. Louis Blues locked up another piece of their Stanley Cup winning team on Sunday when they re-signed restricted free agent forward Oskar Sundqvist to a four-year contract.
Sundqvist, 25, had filed for salary arbitration and a hearing scheduled for this week.
That will no longer be necessary thanks to this new deal.
According to the Blues the contract will pay Sundqvist a total of $11 million, averaging out to a salary cap hit of $2.75 million per season.
The Blues acquired Sundqvist, as well as a first-round draft pick that was used to select forward Klim Kostin, prior to the 2017-18 season in the trade that sent Ryan Reaves and a second-round pick to the Pittsburgh Penguins. After managing just a single goal and four assists in in 42 games in his debut season with the Blues, Sundqvist had a breakout season in 2018-19 with 14 goals and 17 assists in 74 regular season games.
He also played a big depth role in the playoffs by adding four goals and five assists in 25 playoff games.
With Sundqvist back in the mix the Blues now have two more restricted free agents to sign in forward Ivan Barbashev and defender Joel Edmundson. Edmundson has an arbitration hearing scheduled for August 4. The Blues have already successfully avoided arbitration hearings with starting goalie Jordan Binnington, forward Zach Sanford, and now Sundqvist, so it seems reasonable to assume they will be able to settle with Edmundson as well.
The Blues still have around $5 million in salary cap space to work with this summer.