The Chicago Blackhawks and general manager Stan Bowman announced a contract signing on Wednesday. 

Bowman announced that the team has signed 2020 first round pick Lukas Reichel. 

It's a three year entry level contract that carries a $925k cap hit through the 2023-24 season. 

"Lukas made tremendous strides in his second year as a professional. The game appeared to slow down for him this past season, which allowed his play-making skills to be on full display," said Blackhawks President of Hockey Operations and General Manager Stan Bowman. "Bringing him over to North America is the logical next step for his continued development and we're excited to be able to add such a young, dynamic player to our forward group."

From the Hawks' press release:

"Reichel, selected in the first round (17th overall) of the 2020 National Hockey League Draft by the Blackhawks, recorded five points (2G, 3A) in nine postseason games en route to helping Eisbären Berlin capture the 2021 championship in Germany's top professional league, the DEL. Reichel totaled 27 points (10G, 17A) in 38 regular-season games. He posted two goals and four assists in nine games at the 2021 IIHF World Championship with Team Germany.

The 19-year-old registered 24 points (12G, 12A) in 42 games during the 2019-20 season as a rookie for Eisbären Berlin. He played against the Blackhawks as a part of the 2019 National Hockey League Global Series Challenge at Mercedes-Benz Arena in Berlin, Germany on Sept. 29, 2019."

Great news for the Hawks!