Forsberg remained in Sweden, playing for Modo for the following three years. In 1993, the team was eliminated in the playoffs quarterfinals against Malmö, but Forsberg won the Guldpucken for Player of the Year and the Guldhjälmen for Most Valuable Player of the Elitserien, an award decided by the players. He won both prizes again in 1994 when, after barely making the playoffs, he led his team to their first final since winning the Elitserien playoffs in 1979. In a five-game series, again against Malmö, Forsberg scored in overtime in Game 2 to put his team one win away from the title. However, he suffered from the flu (influenza v) and Modo lost the remaining games of the series and the title. By this point, Forsberg was thought to be the best player in the world outside the NHL.