Macklin Celebrini signs $94 million extension with Sharks, highest in NHL history

5 sources2 min read • Latest: Jul 30, 2026, 12:53 AM

Last updated Jul 30, 2026

Macklin Celebrini signs $94 million extension with Sharks, highest in NHL history
Summary

Macklin Celebrini has signed a five-year, $94 million contract extension with the San Jose Sharks, making him the highest-paid player in NHL history. The extension, which carries an average annual value of $18.8 million, keeps Celebrini with the Sharks through the 2031-32 season. He had one year remaining on his previous entry-level contract. Celebrini established himself as a top player since being the first overall pick in the 2024 NHL Draft and recorded 115 points last season, breaking a franchise record. Despite Celebrini's performance, the Sharks have missed the playoffs for seven consecutive seasons.

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Status Watch
  • Celebrini's extension is worth $94 million over five years.
  • He had 45 goals and 70 assists last season.
  • Celebrini is entering his third NHL season.
  • Sharks missed the playoffs for the seventh straight season.
  • Celebrini's average annual value surpasses Leo Carlsson's $18 million.
Latest Updates
  • 12:53 AMYahoo SportsCelebrini Becomes NHL’s Highest-Paid Player
  • 4:03 PMESPNCelebrini extension makes him NHL's highest-paid
  • 3:12 PMYahoo SportsMacklin Celebrini gets 5-year, $94M extension from the Sharks in the NHL's richest deal ever
  • 2:56 PMYahoo SportsSharks' Macklin Celebrini becomes NHL's highest-paid player with 5-year, $94M extension
What they're saying
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San Jose Sharks superstar Macklin Celebrini signed a five-year, $94 million extension Wednesday that will make him the highest-paid player in the NHL. Celebrini had one year remaining on his three-year, $2.925 million entry-level contract before signing the deal that keeps him locked up with the Sharks through the 2031-32 season. The $18.8 million average annual value of the deal that Celebrini reached with general manager Mike Grier and owner Hasso Plattner is the richest in NHL history, topping the $18 million a year Leo Carlsson got when Anaheim matched a five-year offer sheet from Philadelphia.

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Celebrini $18.8 million salary cap hit takes the title from Leo Carlsson, who will earn an average of $18 million a season over the next five years.

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The $18.8 million average annual value on his five-year extension will make Macklin Celebrini the highest-paid player in the NHL.

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