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Latest On Erik Karlsson’s Pending Free Agency

June 16, 2019 at 9:12 am CDT | by Gavin Lee 4 Comments

When Erik Karlsson’s postseason came to an end and he posted a thank you note on Twitter to the entire Bay Area, hockey fans immediately tried to determine what it meant in regards to his pending free agency. Was Karlsson saying goodbye to the San Jose Sharks after just one season? When rumors surfaced about the Tampa Bay Lightning, Ottawa Senators and Montreal Canadiens, it seemed like the star defenseman might be heading back to the Eastern Conference. Not if Sharks GM Doug Wilson has anything to say about it. Both Kevin Kurz of The Athletic (subscription required) and Elliotte Friedman of Sportsnet have reported in recent days that the Sharks are working hard to re-sign the right-handed defenseman, with a contract similar to Drew Doughty’s eight-year, $88MM deal on the table.

Friedman notes that the team will need a decision soon as they prepare for the rest of their summer, but Karlsson is now just a few days away from the free agent interview period. Even if he does want to hear out other teams however, a contract of that magnitude may be too hard to turn down. Karlsson’s recent injury history may have reduced the number of teams willing to offer him such a lucrative contract, and San Jose is the only team that can give him that elusive eighth year.

Karlsson recently underwent groin surgery but is expected to recover fully by the start of the 2019-20 season, an announcement that was made by the Sharks earlier this month. San Jose will obviously have the best medical insight of any team, and if they are willing to hand over that kind of salary they must truly believe he can get back to full strength.

Even if he can get close to it, the team would have a game-changing talent on their hands. Though his injury history and dramatic fallout in Ottawa have clouded his career recently, it’s important to remember just how dominant Karlsson has been throughout his career. A four-time Norris Trophy finalist—twice won—he has routinely cracked the 70-point mark and was on that kind of a pace in his shortened 2018-19 season. Even while playing injured during the postseason he recorded 16 points in 19 games for the Sharks, lifting his career playoff totals to 53 in 67 games. It’s almost impossible to find that kind of offensive contribution from the blue line, but amazingly the Sharks already have Brent Burns capable of the same thing.

Still, a contract like that would have ramifications on the Sharks’ lineup. It would mean committing somewhere around $26MM to three defensemen, two of which are already well into their thirties but still under contract for at least another six years. It would mean a huge part of the ~$25MM in cap space the team currently has would be eaten up, a number that also needs to accommodate new contracts for Kevin Labanc, Timo Meier and Joakim Ryan while also leaving room to re-sign Joe Thornton and Joe Pavelski if the team chooses.

If the Sharks aren’t able to make a deal, it will be interesting to see what kind of market develops for Karlsson and whether or not it costs him in the long run to wait and listen. The free agent interview period will start on June 23rd.

Photo courtesy of USA Today Sports Images

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Doug Wilson| Free Agency| San Jose Sharks Elliotte Friedman| Erik Karlsson

Central Notes: Binnington, Zuccarello, Avalanche
Main
Pacific Notes: Donskoi, Eakins, Phaneuf, McDavid
View Comments (4)

Comments

  1. pawtucket

    6 years ago

    I wouldn’t. You already have Burns, and EK is injured year after year…don’t cuff yourself with $11mil

    Reply
  2. bigdaddyt

    6 years ago

    8×8 seems to make the most sense but would be hard for San Jose to justify that amount on an oft injured player going into their 30s

    Reply
  3. riverrat55

    6 years ago

    good player tho often injured as article states over the last few years with , the achilles injury few years back , and now the lingering groin injuries and recent surgery, hope they leave a little for Pavelski, Thornton, Meier , LeBanc, and maybe Ryan , and have some left over to pick up some cheap contracts for bottom 6 on offense and maybe one in bottom pairing defense , due to Braun, Dillon might be moving on,

    Reply
  4. ThePriceWasRight

    6 years ago

    ok so two things.

    1. San Jose giving out 8×11 is insane. 2 years ago maybe but the injuries are piling up and he’s arguably not even the best defenceman on the team. I cant see how this team competes up front with this contract on the books.

    2. Erik, guess you have to decide if your wife’s happiness to be near family is worth 11 million dollars.

    Reply

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