Red Wings sign Adam Almqvist

*UPDATE: 12:35pm*
The signing has been confirmed, per the Detroit Red Wings official press release. 

Quick note this morning: it appears that the Detroit Red Wings have signed their 7th round pick from the 2009 Draft, defenseman Adam Almqvist. The 20-year-old blueliner has been playing in Sweden for HV-71, where he helped to bring a championship home in 2010. Per Capgeek, he has signed a three-year, two-way, entry-level deal worth $585,000 this upcoming season and $595,000 for each of the next two (NHL cap hit of $591,667). All figures are based on an NHL salary, which — of course — is unlikely at this point. If he decides to come to North America, he’ll likely play in Grand Rapids, where he’s slated to earn $55k, $60k, and $65k until 2014.

Stay tuned to @georgemalik on Twitter or The Malik Report, because I’m sure George will have Swedish confirmation of the young man’s plans before anyone else on the planet.

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