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Flames sign first rounder Monahan to entry-level deal

The Canadian Press

7/22/2013 3:54:52 PM

CALGARY -- The Calgary Flames signed their top 2013 draft pick Sean Monahan to a three-year, entry-level contract Monday.

The Flames announced that Monahan signed a two-way contract that will pay a base salary of $832,500 with a signing bonus of $92,500 each year at the NHL level and a yearly AHL salary of $70,000.

If Monahan, an 18-year-old Brampton, Ont., native, achieves performance bonuses, he can earn up to $1.77 million per season with the Flames.

A centre who was chosen sixth overall in this year's NHL entry draft, Monahan has spent the past three seasons with the OHL's Ottawa 67's.

He recorded 31 goals and a career-high 47 assists with in 2012-13, matching the 78 points he produced in the previous campaign.

He won gold medals with Team Ontario at the World Under-17 Hockey Challenge and Canada's under-18 national team at the Ivan Hlinka Memorial Tournament.