Pittsburgh Penguins Sign Jake Guentzel to Three-Year Contract

Pittsburgh Penguins pic

Pittsburgh Penguins
Image: penguins.nhl.com

Analyst Ryan Hoadley, affiliated with Newbrook Capital Advisors, investigates investment opportunities with a medium to long-term focus. When he is not working, Ryan Hoadley follows the Pittsburgh Penguins hockey team.

The Penguins recently signed Jake Guentzel to a three-year contract, starting with the 2016-2017 season. Acquired on an entry-level basis, the 5’10”, 167-pound forward had been playing for the American Hockey League’s (AHL) Wilkes-Barre-Scranton Penguins. Guentzel quickly established himself, making six points in 11 games.

Over the course of 10 AHL playoff games, he was able to score 14 points, becoming number two during the first two rounds. In addition to this consistent play, Guentzel made an overtime goal that clinched victory in one round, and assisted another shooter in overtime in another game.

After participating in the 2013 NHL draft, Guentzel played three years with the University of Nebraska-Omaha Mavericks. In his first season, he appeared on an all-rookie team, along with future Penguin Josh Archibald. He scored 119 points in 108 Mavericks games, becoming the sixth-greatest in the university’s history, and helping the team advance to the 2014-2015 Frozen Four.

Prior to joining the Mavericks, Guentzel spent a season with Sioux City of the United States Hockey League, where he contributed 73 points in 60 games, winning recognition as the league’s Rookie of the Year.

Although some observers consider him too small, Guentzel has earned a reputation as a fast and smart hockey player. One of his many strengths include generating offensive plays, and working out to build up muscle should help him go further in the NHL.