Celebrini Signs 5-Year, $94 Million Sharks Extension as $18.8 Million AAV Leaves Cap Room
Updated
Updated · Fox News · Aug 29
Celebrini Signs 5-Year, $94 Million Sharks Extension as $18.8 Million AAV Leaves Cap Room
3 articles · Updated · Fox News · Aug 29
Summary
$94 million over five years will keep Macklin Celebrini in San Jose through 2031-32, with the extension starting in 2027-28 at an $18.8 million annual cap hit.
Celebrini said he accepted less than the maximum to preserve roster flexibility, arguing the number had to make sense for the team so other players can be paid as the Sharks build.
The NHL's 20% cap limit meant he could have pushed for about $20.8 million per season, leaving roughly $2 million annually on the table.
That savings could matter quickly for a Sharks team that narrowly missed the playoffs last season and is trying to grow around young talent including Will Smith, William Eklund and Michael Misa.