RALEIGH, NC - Don Waddell, President and General Manager of the National Hockey League's Carolina Hurricanes, today announced that the team has agreed to terms with forward Teuvo Teravainen on a five-year, $27 million contract extension. The deal begins with the 2019-20 season and goes through the 2023-24 season and carries an average annual value (AAV) of $5.4 million per season.

"Teuvo has improved every year of his NHL career and has established himself as a cornerstone forward for the Hurricanes now and into the future," said Waddell. "He has shown that he is capable of adapting and expanding his role with our team, becoming a key penalty killer for Rod this season. He's still just 24 years old and we believe he will only continue to grow as a player."

Teravainen, 24, ranks second among Hurricanes skaters in assists (28), points (38) and power-play points (12) this season. The Helsinki, Finland, native is tied for second on the team in power-play goals (5) and fifth on the team in goals (10). Teravainen (5'11", 191 lbs.) has appeared in 210 career games since joining the Hurricanes in 2016-17, ranking first on the team in assists (96) and second in points (144) during that span.

Teravainen was acquired by the Hurricanes on June 15, 2016 along with Bryan Bickell from the Chicago Blackhawks in exchange for a second-round pick in the 2016 NHL Draft (Artur Kayumov) and a third-round pick in the 2017 NHL Draft (Keith Petruzzelli). Selected by Chicago in the first round, 18th overall, of the 2012 NHL Draft, he has totaled 65 goals and 123 assists (188 points) in 325 career NHL games with Chicago and Carolina. Teravainen registered 10 points (4g, 6a) in 17 playoff games for the Blackhawks in 2015, en route to the Stanley Cup championship.

In international play, Teravainen has represented Finland at the World Cup (2016), the IIHF World Championship (2018) and the IIHF World Junior Championships (2013, 2014), winning gold as Finland's captain at World Juniors in 2014.