Karlsson Signs an 8-Year, $92.00M Deal with the Sharks

Erik Karlsson

signing age29

posD

Team

San Jose Sharks

Agent

Craig Oster

Cap Hit

$11,500,000$11.50M

Term

8 years

Total Value

$92,000,000$92.00M

% of Cap

14.1%

Signing Status

UFA 2020 age 29

Expiry Status

UFA 2027 age 37

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Contract Breakdown

Erik Karlsson signed a 8 year, $92,000,000 contract with the San Jose Sharks on Jun 17, 2019. The contract has a cap hit of $11,500,000 and expires at the end of the 2026-27 season.

Abbreviated $Amounts

	2019-20	2020-21	2021-22	2022-23	2023-24	2024-25	2025-26	2026-27	2027
Cap Hit	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	UFAage 37
AAV	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M	$11,500,000$11.50M
Base	$3,500,000$3.50M	$2,000,000$2.00M	$5,500,000$5.50M	$2,000,000$2.00M	$10,500,000$10.50M	$10,000,000$10.00M	$4,000,000$4.00M	$1,500,000$1.50M
Performance Bonuses	-	-	-	-	-	-	-	-
Signing Bonuses	$11,000,000$11.00M	$10,000,000$10.00M	$9,000,000$9.00M	$10,000,000$10.00M	$1,000,000$1.00M	$1,000,000$1.00M	$5,000,000$5.00M	$6,000,000$6.00M
Total Salary	$14,500,000$14.50M	$12,000,000$12.00M	$14,500,000$14.50M	$12,000,000$12.00M	$11,500,000$11.50M	$11,000,000$11.00M	$9,000,000$9.00M	$7,500,000$7.50M
Minors Salary	$14,500,000$14.50M	$12,000,000$12.00M	$14,500,000$14.50M	$12,000,000$12.00M	$11,500,000$11.50M	$11,000,000$11.00M	$9,000,000$9.00M	$7,500,000$7.50M
Clauses	NMC	NMC	NMC	NMC	NMC	NMC	NMC	NMC
Year Type	UFA	UFA	UFA	UFA	UFA	UFA	UFA	UFA
UFA Year
Buy Out							Buy Out	Buy Out