People are way too critical of this. It's not a risky move. Worst case is he doesn't pan out and goes back to Europe. much like Cervenka. Difference is that Cervenka was a small and skilled Player without any two-way game - Wolf is practically the anti-Cervenka. Better chance that he'll be a solid NHL player.
Philadelphia sure doesn't regret giving Michael Raffl, a player with similar style, the same chance at the same age. Nashville also doesn't regret signing Simon Moser, who is also similar in age and who recently played his first NHL game.
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