Today the Toronto Maple Leafs announced that they have locked up one of their key forwards for the long term, signing Mikhail Grabovski to a five-year, $27.5 million contract extension. "We are extremely pleased to have Mikhail under contract for the next five seasons," said general manager Brian Burke in a team statement. "His speed and skill are valuable commodities and fit perfectly with our style of play. He leads by example and his work ethic speaks for itself."

In 59 games with the Leafs this season, Grabovski has scored 20 goals and added 25 assists. After a career-year in 2010-11 in which he scored 29 goals and 29 assists, Grabovski struggled early this season scoring just 11 points through the first two months of the season. But he got hot in January, scoring 16 points for the month and winning the NHL's first star award for the third week.

The 27-year-old centre was originally drafted by the Canadiens in the fifth round (150th overall) at the 2004 NHL Entry Draft. Grabovski was brought to Toronto by interim-general manager Cliff Fletcher in 2008 for Greg Pateryn and a second-round draft pick. He has scored 82 goals and 113 assists in 304 career NHL games with the Leafs and Canadiens. Grabovski is in the final year of a three-year contract he signed with the Maple Leafs in 2009 worth an average annual value of $2.9 million. He was set to become an unrestricted free agent at the end of the season.

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