The Washington Capitals will lose exclusive rights to two of their draft picks if they don't sign them to entry-level contracts by 5 pm on Saturday. June 1 is the 'must sign by' date each offseason.
Neither 2022 fifth-round pick Jake Karabela nor 2020 seventh-round pick Oskar Magnusson have been inked by the Capitals. They will be free to sign wherever they choose if Washington doesn't get their pens to paper.
Karabela played his third season in the OHL with the Guelph Storm last year and his second since being selected by the Capitals. ... Karabela will be eligible to return to Guelph as an overager next year as he turned 20 last March.
According to the NHL's collective bargaining agreement, a bona fide offer is a standard player contract that starts at the beginning of the next league season and offers at least league minimum salary. Its primary purpose is to extend the team's claim to the player's rights.
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