San Jose Sharks Summary

Macklin Celebrini has officially signed a record-setting five-year contract extension with the San Jose Sharks worth $94 million, which translates to an annual cap hit of $18.8 million. This deal makes him the highest-paid player in NHL history when it kicks in for the 2027-28 season, surpassing Anaheim Ducks center Leo Carlsson's previous record of $18 million.

General Manager Mike Grier has expressed interest in extending contracts for other young talents on the team, specifically Will Smith, who had a productive season last year with 24 goals and 59 points in 69 games.

Smith is set to earn $950,000 in the final year of his entry-level contract and will become a restricted free agent after the 2026-27 season. In roster news, former Sharks forward Colin White has signed a one-year deal with the New Jersey Devils, leaving the Sharks after a notable season with the Barracuda where he scored 21 goals and 48 points in 46 games.

Meanwhile, the Sharks continue to prepare for the upcoming season, with updates on players like Zack Ostapchuk, who earned a four-year contract extension after showing promise in his offensive play. The Sharks are clearly committed to solidifying their young core as they move forward.