San Jose Sharks fans can breathe a sigh of relief. The recent five-year, $90 million offer sheet signed by restricted free agent Leo Carlsson with the Philadelphia Flyers does not alter the contract outlook for Macklin Celebrini, according to an NHL player agent not representing either player.
Carlsson’s deal, which sets a league record with an average annual value (AAV) of $18 million, reflects his impressive skill at just 21 years old. However, Celebrini, who is entering the final year of his entry-level contract, is not a restricted free agent and thus cannot receive an offer sheet this summer. As long as the Sharks manage his contract extension wisely this offseason, which seems likely, there’s no imminent threat of an offer sheet for Celebrini.
The main takeaway from Carlsson’s offer is the reset in expectations for Celebrini’s next contract. While Carlsson’s talent is undeniable, so is that of Celebrini, who finished fourth in Hart Trophy voting during his sophomore season. This performance has already positioned him as a standout player in the league.
In a recent poll of 26 NHL executives, coaches, and scouts conducted by San Jose Hockey Now, Celebrini was overwhelmingly favored over other young players, including New York Islanders defenseman Matthew Schaefer. Carlsson, while a potential contender, was viewed as a distant third. This indicates the high regard for Celebrini’s abilities and potential.
Players of Celebrini’s caliber typically secure lucrative contracts before their entry-level deals expire, reminiscent of Sidney Crosby’s contract negotiations in 2007. Celebrini himself has expressed a strong desire to remain with the Sharks, stating in his April exit interview, “I want to commit to this team and be here. I love it here.” He reiterated this sentiment recently, emphasizing optimism about the team’s future.
In May, projections for Celebrini’s next contract compared him to other superstars in their sophomore seasons, estimating an AAV in the range of $15-16 million, depending on the contract length. However, Carlsson’s $18 million contract could set a new benchmark if Celebrini’s camp chooses to leverage it during negotiations.
Despite the potential for inflated expectations, Sharks GM Mike Grier believes Celebrini stands apart from his peers, stating, “He’s kind of a step above them in my view.” The financial landscape is also shifting, with the salary cap projected to rise to approximately $113.5 million by the 2027-28 season, easing concerns about affordability for the Sharks.
The Sharks are well aware of the value Celebrini brings to the team. If he were to reach free agency next year, he could become one of the most sought-after players in league history, making it unlikely that the Sharks would let that happen. Furthermore, Celebrini, who admires team-first players like Crosby, may not be inclined to demand the maximum AAV, although the Sharks would likely be prepared to meet such a demand.
Ultimately, whether influenced by Carlsson’s offer sheet or not, Celebrini is poised to secure a significant contract this summer, reflecting his status as a rising star in the NHL.
Note: This recap is an independently written summary based on publicly available reporting.
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