A PTO is normally reserved for those players looking to salvage their time in the NHL and as a last-ditch effort to secure a contract. For this top-5 draft pick, it could be his last chance at playing in the NHL.
Juolevi was picked 5th overall by the Vancouver Canucks back in 2016. He played just 23 games with Vancouver, scoring only 1 goal and 2 assists, before spending time with the Florida Panthers, Anaheim Ducks, and Detroit Red Wings.
In drafting Juolevi, the Canucks chose him over franchise players like Matthew Tkachuk and Clayton Keller, who went immediately after him in the 2016 draft. If Juolevi isn't able to secure a spot with the Coyotes this season, it is likely he will turn to Europe to continue his hockey career.