Full Breakdown
Celebrini’s Record-Breaking Extension Locks Him with the Sharks
7/29/2026, 11:41:32 PM
Core Event: Five-Year, $94 Million Deal
San Jose Sharks forward Macklin Celebrini signed a five-year extension worth $94 million, giving him an $18.8 million average annual value. The contract runs through the 2031-32 season and surpasses the previous NHL record of $18 million per year set by Leo Carlsson. The deal was reached with general manager Mike Grier and owner Hasso Plattner on a Wednesday, ending Celebrini’s remaining year on a three-year, $2.925 million entry-level contract.
Background & Context: Rising Star and Team Outlook
Celebrini, the first-overall pick in the 2024 draft, turned 20 in June and has quickly become a premier talent. He led the Olympic tournament in goals with five, helping Canada capture the silver medal. Despite his impact, the Sharks missed the playoffs for a seventh consecutive season, though they improved by 34 points—a jump ranked 10th best in a single season over the past 30 years—falling short by four points. The franchise is building around a young core that includes Michael Misa, Will Smith, Igor Chernyshov, Sam Dickinson, and recent first-round selections such as Swedish winger Ivar Stenberg (No. 2 overall).
Data & Statistics
- Contract length: 5 years
- Total value: $94 million
- Average annual value: $18.8 million
- Previous NHL record: $18 million per year (Leo Carlsson)
- Celebrini’s age: 20 (turned June)
- Olympic goals: 5 (team-leading)
- Sharks’ point improvement: +34 points, 10th-best single-season jump in 30 years, missed playoffs by 4 points
Official Statements & Responses
Celebrini expressed enthusiasm for the extension, citing the organization’s faith and support over his first two seasons and emphasizing the goal of bringing a Stanley Cup to San Jose. Grier highlighted Celebrini’s rapid ascent, noting his status as one of the world’s premier players after just two NHL seasons and his contributions on the international stage. Both reiterated confidence that the young core positions the Sharks for future contention.
Verbatim Quotes
- “I couldn’t be happier to sign an extension today,” — Macklin Celebrini
- “In just two seasons as a teenager in the National Hockey League and on the international stage, Macklin has established himself as one of the premier players in the world,” — Mike Grier, general manager
