As first reported by himself on Twitter, the Washington Capitals have signed forward Stanislav Galiev to a three-year entry level contract. The financial terms of the deal are not disclosed at this time.
Galiev, 19, was the Capitals' third round selection in the 2010 NHL Entry Draft, and spent last year playing for the Saint John Sea Dogs of the QMJHL. Galiev won the Memorial Cup with the Sea Dogs last year, talling 37 goals and 28 assists in 64 games. For my full prospect breakdown of Galiev, click here.
While it's good that Stan is under contract, you have to wonder why the Caps signed Galiev this early. He's going to play in Juniors another year, and EL deals are valuable for the club. Nevertheless, he's now officially a member of the organization.