This move will not come as a surprise to many. Steen was always going to have a hard time carving out a regular role for himself in the NHL as a 5'10" forward who was not particularly skilled. He did set a career high in games played this season with 34, but he averaged just 9 minutes of ice time per game, and recorded just a single goal.
Hos talents will be put to much better use in the less physical SHL where there is more open space for him to create offense. Steen's history with Färjestad goes back all the way to the 2012-13 season season as they were his local youth team. He spent parts of seven seasons developing with the team before coming to North America. Most recently, he played in the 2018-19 season where he put up 17 goals and 37 points in 46 games with the club. He will provide a big boost to the team that was already in a good position to win a championship.