The Sharks have signed winger William Eklund to a three-year extension worth $5.6MM per season, the team announced. He was entering the final year of his entry-level contract as a pending RFA. It’s a total value of $16.8MM for Eklund on his first standard NHL contract. He’ll be due a $5.8MM qualifying offer on expiry, per PuckPedia.
Eklund, 22, was one of the first cornerstone draft picks of San Jose’s rebuild. Selected No. 7 overall in 2021, he’s had a productive run in a top-six role out of the gate for the Sharks. He’s played two full NHL seasons after seeing a nine-game trial in 2021-22 and an eight-game one in 2022-23. In 174 career games, he has 35 goals and 110 points. That includes a 17-goal, 58-point showing in 77 games for the Sharks this year, finishing second on the team in scoring behind rookie Macklin Celebrini and averaging 19:33 per game.
It’s a shrewd deal, particularly for Eklund. He’ll take a bridge deal now with the chance to likely double his salary upon becoming an RFA again in 2029 at age 26 if he continues on his current development path. For the Sharks, it’s a tad peculiar to see them not go long-term with Eklund or pay him a higher salary on his bridge. It’s worth pointing out that Eklund’s deal doesn’t affect their ability to reach the cap floor this season since it doesn’t go into effect until 2026-27.
In a vacuum, though, it’s an exceptional value over the next few years for the star potential Eklund provides. As the team around him develops, he’s on track to be a surefire 70-to-80-point producer for the Sharks as Celebrini’s wingman for the foreseeable future. He’s maintained his draft slot well, currently ranking seventh in scoring among 2021 draftees. He’s played fewer games than everyone ahead of him except for Mammoth winger Dylan Guenther.
Image courtesy of D. Ross Cameron-Imagn Images.