I assume this is a similar move to signing Bjorkstrand last week. I am unfamiliar with the new CBA and what the advantages are of signing draft picks now versus waiting until next year (help in the comments?).
Rychel is representing Team Canada at the World Juniors right now. He is coming off of back-to-back 40 goal seasons with Windsor of the OHL and has 45 points (17-28) in 30 games in the OHL this season. He has 227 points in 228 career OHL games.
The Jackets selected the winger 19th overall in the 2013 NHL Draft.