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San Jose Sharks signed Erik Karlsson (8 Years / $11,500,000 AAV)

Was this a good signing?
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Jun 17 at 12:37
#1
Erik Karlsson has signed a new contract with the San Jose Sharks.
STANDARD CONTRACT (EXTENSION)
COMPARE THIS CONTRACT
LENGTH: 8 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: San Jose SharksSan Jose Sharks
VALUE: $92,000,000
C.H.% : 14.47
SIGNING DATE: June 17, 2019
SOURCE: @CapFriendly
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2019-20NMC$11,500,000$11,500,000$0$11,000,000$3,500,000$14,500,000$14,500,000
2020-21NMC$11,500,000$11,500,000$0$10,000,000$2,000,000$12,000,000$12,000,000
2021-22NMC$11,500,000$11,500,000$0$9,000,000$5,500,000$14,500,000$14,500,000
2022-23NMC$11,500,000$11,500,000$0$10,000,000$2,000,000$12,000,000$12,000,000
2023-24NMC$11,500,000$11,500,000$0$1,000,000$10,500,000$11,500,000$11,500,000
2024-25NMC$11,500,000$11,500,000$0$1,000,000$10,000,000$11,000,000$11,000,000
2025-26NMC$11,500,000$11,500,000$0$5,000,000$4,000,000$9,000,000$9,000,000
2026-27NMC$11,500,000$11,500,000$0$6,000,000$1,500,000$7,500,000$7,500,000
TOTAL$92,000,000$92,000,000$0$53,000,000$39,000,000$92,000,000$92,000,000
CLAUSE SOURCE: @CapFriendly
Jun 17 at 12:38
#2
I just need sauce
Joined: Oct 2017
Posts: 2,042
Likes: 819
TOO MUCH TERM.
Jun 17 at 12:40
#3
I just need sauce
Joined: Oct 2017
Posts: 2,042
Likes: 819
Jun 17 at 12:40
#4
Dom6Yotes
Joined: Aug 2018
Posts: 177
Likes: 205
12 M To Try and Sign Pavelski ,Thornton ,Labanc, and Meier ..... Good Luck
Karimizo, ThatGuy, Pross and 21 others liked this.
Jun 17 at 12:40
#5
Joined: Mar 2018
Posts: 106
Likes: 114
Soooo Risky! 11.5M is a lot and for 8years... If he can stay healthy might be good, but for now it's a bad contract
GeraltofRivia, PhillDaThrill, MoreOfAnIslesGuy and 1 other person liked this.
Jun 17 at 12:40
#6
Sports and Tacos
Joined: Apr 2018
Posts: 1,696
Likes: 469
Best Defenseman in the league.......

........ When healthy

Risky contract. It's one of those high risk - high reward contract. That said, I personally wouldn't have done it.
GeraltofRivia, PhillDaThrill, Club_de_Hockey_le_Canadien and 1 other person liked this.
Jun 17 at 12:42
#7
Joined: Apr 2018
Posts: 178
Likes: 101
With a healthy Karlsson they could have won the Cup. No one else has 2 Norris trophy defensemen in their lineup.

Knowing that the Sharks are in win-now mode, would you as SJ's GM really pass on this guy because the deal is a bit too long???
Rooney, toque, Emoon and 4 others liked this.
Jun 17 at 12:44
#8
Burgers and Hockey
Joined: Oct 2017
Posts: 8,057
Likes: 3,399
Wilson wanted to make sure that SJ won that EK trade with OTT by re-signing him. Giving a load of future assets for one year of TOP3 D in the world would've hurt them. But that's not going to be an issue anymore. That's what I think anyway.

The issue is now whether they can keep other main pieces of the roster.
Rooney liked this.
Jun 17 at 12:45
#9
Joined: Dec 2017
Posts: 1,707
Likes: 702
Wow! EK will soon become the 3rd highest paid player in the league and the highest paid D. This term and AAV would be a given had he not been injured for much of the last 3 seasons. Big risk/reward contract here. They still need to extend Pavelski, Meier, and Labanc. Jumbo is another question mark. Meier alone will likely cost $6M+ AAV. It's gonna be tight.
MoreOfAnIslesGuy liked this.
Jun 17 at 12:45
#10
Joined: Jun 2017
Posts: 159
Likes: 297
The Sharks now have 26.5 million tied up in 3 defensemen who average age 32 and are signed for at least 6 more seasons.
CD282, BDAvs, Zubrowka and 5 others liked this.
Jun 17 at 12:45
#11
Go Jets Go!!
Joined: Feb 2016
Posts: 83
Likes: 74
Eeeekkkksssss buy out proof with signing bonuses paid out each year and a full no movement clause for the 8 years. High cap hit and way to much term for a guy who is always injured. Sharks are going to pay for this contract 3/4 years down the road.... lol and I love it makes it much easier for my Jets to compete in the Western Conference long term smile
PhillDaThrill liked this.
Jun 17 at 12:46
#12
Joined: Apr 2018
Posts: 178
Likes: 101
Quoting: Brian2016
Wow! EK will soon become the 3rd highest paid player in the league and the highest paid D. This term and AAV would be a given had he not been injured for much of the last 3 seasons. Big risk/reward contract here. They still need to extend Pavelski, Meier, and Labanc. Jumbo is another question mark. Meier alone will likely cost $6M+ AAV. It's gonna be tight.


If Karlsson was healthy he could get McDavid money July 1.
Jun 17 at 12:46
#13
BtZ's buttercup
Joined: May 2018
Posts: 2,610
Likes: 1,407
Horrible signing
Should have let him go UFA
Jamiepo, weirfanno1 and wajgy liked this.
Jun 17 at 12:46
#14
Joined: Dec 2017
Posts: 1,707
Likes: 702
Quoting: BurgerBoss
Wilson wanted to make sure that SJ won that EK trade with OTT by re-signing him. Giving a load of future assets for one year of TOP3 D in the world would've hurt them. But that's not going to be an issue anymore. That's what I think anyway.

The issue is now whether they can keep other main pieces of the roster.


The issue now becomes: How expensive will Timo Meirer and Joe Pavelski be? Their numbers will be high.
Jun 17 at 12:47
#15
Blues GM v4
Joined: Nov 2016
Posts: 8,028
Likes: 2,407
I'm in the minority here in the fact that I like the deal for San Jose. Ideally they could've gotten the AAV a little lower, but we all knew it was going to be 8 years if he came back to San Jose. Plus we saw just how impactful EK was for them playing at about 60%, so what happens when he takes the time to heal up properly? That's a Cup contending team. I know it's going to result in a shuffling of the forward group, but it's clear that Karlsson's impact on the team when healthy is extraordinary.

Yes, they're going to be in trouble in the long haul. But the Sharks want this window to be open as long as possible. Having two of the best defensemen in the world locked up for the rest of their prime years is going to be huge for them. It's easier to find forwards than it is defenseman, and EK is truly one of a kind. If you can lock him up, do it. I like it for the Sharks.
DDoverChucky and toque liked this.
Jun 17 at 12:47
#16
Joined: Nov 2018
Posts: 432
Likes: 93
spell overrated
Jun 17 at 12:48
#17
Joined: Dec 2017
Posts: 1,707
Likes: 702
The AAV shouldn't come as much of a shock. The term is the head scratcher.
Jun 17 at 12:49
#18
Joined: Dec 2017
Posts: 1,707
Likes: 702
Quoting: DDoverChucky
If Karlsson was healthy he could get McDavid money July 1.


That's a big "if"
Jun 17 at 12:51
#19
Burgers and Hockey
Joined: Oct 2017
Posts: 8,057
Likes: 3,399
Quoting: Brian2016
The issue now becomes: How expensive will Timo Meirer and Joe Pavelski be? Their numbers will be high.


Indeed. I'd consider signing Meier first just to minimize the risk of offer sheet, and then Pavelski after that if there's money left.
Brian2016 liked this.
Jun 17 at 12:51
#20
Joined: Jul 2018
Posts: 2,667
Likes: 1,046
Guy deserves it both, money and term. GL EK

At his 36 he will be still better then 85% of Ds in the League.
Jun 17 at 12:54
#21
Joined: Dec 2017
Posts: 1,707
Likes: 702
Quoting: Laudan
Guy deserves it both, money and term. GL EK

At his 36 he will be still better then 85% of Ds in the League.


Only if he's healthy. He could hardly skate in STL series. He was also hurt most of last season w/ OTT. No D in the league has close to his offensive abilities when he's close to 100% though.
Jun 17 at 12:55
#22
MK458
Joined: Dec 2017
Posts: 1,259
Likes: 419
Quoting: DSZ
12 M To Try and Sign Pavelski ,Thornton ,Labanc, and Meier ..... Good Luck


Someone has to be on their way out, right?
Jun 17 at 12:57
#23
Joined: Jun 2016
Posts: 1,725
Likes: 288
Even letting Jumbo Joe, Pavelski, Donskoi, and Nyquist walk. After signing Meier and Labanc they're dangerously close to the cap with all those holes to fill.
I have no idea how they plan to make this work to remain competitive next year.
PhillDaThrill liked this.
Jun 17 at 12:58
#24
Joined: Dec 2017
Posts: 1,707
Likes: 702
Quoting: BurgerBoss
Indeed. I'd consider signing Meier first just to minimize the risk of offer sheet, and then Pavelski after that if there's money left.


Meier could be well over $7M AAV. He scored 30 goals and 66 points. Kane scored 30 goals, but only 56 points. Meier also brings an element of physicality that most young players don't have. He's very valuable to the Sharks future.
Jun 17 at 12:59
#25
Habs/Pens fan
Joined: Oct 2017
Posts: 771
Likes: 226
I doubt this will be very good in the long term.
 
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