The Carolina Hurricanes on Tuesday signed left wing Erik Karlsson to a three-year, entry-level contract.

On the NHL level, Karlsson will be paid $550,000 in the first year, $600,000 in the second year and $650,000 in the third year. He will receive $60,000 in the American Hockey League in year one, and $65,000 in years two and three. Karlsson also receives a signing bonus of $185,000.

Karlsson, 19, was a fourth-round pick (No. 99) in the 2012 NHL Draft. He helped Sweden to the silver medal at the 2014 World Junior Championship with three assists and a plus-1 rating in seven games.