July 7: The Capitals have officially loaned to MoDo for the 2025-26 season, the team announced Monday. It’s unclear if he’ll participate in training camp in the fall.
July 3: We have our first signing from last week’s 2025 NHL draft. The Capitals announced they’ve signed forward Milton Gästrin to his three-year, entry-level contract. It pays him a $877.5K base salary, $97.5K signing bonus, and $85K minors salary each season for a cap hit of $975K, per PuckPedia.
Gästrin will be loaned back to his home country and play for MoDo Hockey of Sweden’s second-tier league in 2025-26, the team said. The playmaking forward was the No. 37 overall selection last Saturday, taken with a pick Washington acquired from the Bruins in the 2023 deadline trade that sent Dmitry Orlov to Boston.
Fresh off his 18th birthday yesterday, Gästrin was the No. 3 European skater in the draft as ranked by NHL Central Scouting and was a consensus late first/early second-round pick in public rankings. The 6’1″, 194-lb center won medals with Sweden at both the Hlinka Gretzky Cup (bronze) and the under-18 World Juniors (silver) last season, racking up 11 goals and 32 points in 19 games in international competition for the U-18 squad.
In league play, Gästrin spent most of the season with MoDo’s U-20 squad in Sweden’s top junior league, the J20 Nationell. He served as an alternate captain and finished second on the team in scoring with 42 points in 40 games, tying for the team lead in goals with 18. He also made his professional debut, making eight pointless appearances for MoDo in the SHL. He’ll transition to a full-time professional role this fall, facing easier competition in the HockeyAllsvenskan after MoDo was relegated at the end of the 2024-25 season.
Because Gästrin will be loaned to MoDo and won’t see NHL action this season, his entry-level deal will slide to 2026-27 and won’t count against the 50-contract limit for Washington this year. He will still earn his $97.5K signing bonus for 2025-26, though, decreasing the cap hit of the contract when it goes into effect. He’s young enough that the contract is slide-eligible twice, so the deal won’t go into effect until 2027-28 if he also plays fewer than 10 NHL games in 2026-27.