The Avalanche today announced the signing of their two first round picks from the 2011 draft, Gabriel Landeskog and Duncan Siemens. Terms for the three-year deals were not announced, but we're sure Capgeek.com will have them up shortly.

Landeskog is projected to be on the roster this fall, while Siemens is probably a couple of seasons away from landing in Denver.

stick tap to Stifler's Mom for the fan shot.

UPDATE (per Avs Guild)

According to Renaud P Lavoie, both players are on two way contracts worth $832,500 per year. They each also received a $277,500 signing bonus.

UPDATE AGAIN (per Dater)

In Landeskog's case, he'll have a $3.575 million cap hit if he makes the team — with his base salary, an $850,000 signing bonus and $1.8 million in other potential bonuses built into the contract.