The Toronto Maple Leafs announced Tuesday that the hockey club has signed defenceman Luke Schenn to a three-year entry level contract.
Schenn will make a base salary of $850,000 with bonuses that could raise it to $1.25 million a season.
"Luke's got a bright future in the NHL and we are very excited to have him signed to a contract," said general manager Cliff Fletcher in a statement. "He had a great training camp during which he demonstrated a lot of poise and skill for a young defenceman."
Schenn, an 18-year-old native of Saskatoon, Saskatchewan, was selected fifth overall by Toronto in the 2008 NHL Entry Draft. In seven preseason games with the Leafs, he scored one goal and one shootout game-winning goal, along with two penalty minutes and a plus-three rating.
In 2007-08, Schenn played 57 games for the Kelowna Rockets of the Western Hockey League collecting seven goals and 21 assists for 28 points, along with 100 penalty minutes.
Internationally, Schenn won a gold medal with Team Canada at the 2008 World Junior Hockey Championships. In seven games, played he ranked first on the team with a plus-five rating. He also won a gold medal while playing for Canada at the 2007 World Under-18 Championships, during which he played six games and scored three goals.