Career
He had previously played 17 seasons in the National Hockey League and another 6 in Sweden. Olausson is a retired defenseman who played with certainty and calmness, and was known for a good feel for the game. He represented Sweden for the first time on February 9, 1986, against Soviet in Stockholm.
Olausson was drafted in the 1985 National Hockey League Entry Draft by Winnipeg Jets, with the 81st overall selection.
During his career in National Hockey League he has played for Winnipeg Jets, Edmonton Oilers, Mighty Ducks of Anaheim, Pittsburgh Penguins, and Detroit Red Wings. During Elitserien playoffs in 2006, Olausson suffered a knee injury (torn ligament) in the third quarterfinal game with HV71 against Mora IK. He was able to continue play, although sparingly, in the playoffs using a specially designed knee protection.
After the season, Olausson moved back to Karlstad and in July 2006 he signed a one-year-contract with Färjestads BK, the same club that he played with between 1984 and 1986, before signing with the Jets. Unfortunately, it was reported on February 27, 2007 that Olausson would have to retire due to serious illness (primary sclerosing cholangitis).
In December 2006, he reportedly underwent two surgeries and received a liver transplant in the summer of 2007.
He was named assistant coach of HV71 of the Swedish Elite League for the 2009-2010 season.