Offseason Checklist: San Jose Sharks
The offseason has arrived for half of the league’s teams that aren’t taking part in the playoffs plus those who have already been eliminated. Accordingly, it’s now time to examine what they will need to accomplish over the coming months. Next up is a look at San Jose.
While the Sharks extended their franchise-worst playoff drought to seven consecutive years, it’s fair to say that this season was a step in the right direction for their rebuild. The team saw their point total jump by 34, allowing them to hang around the playoff picture longer than a lot of people would have expected coming into the year. Even with that big jump, they still have a lot to try to accomplish this offseason.
Rebuild The Back End
Last summer, GM Mike Grier put his back end through a bit of an overhaul as he tried to raise the floor of his group. That resulted in the signings of Dmitry Orlov and John Klingberg, while Nick Leddy was brought in via a rare summer waiver claim. There was some hit-and-miss within that group but on the whole, the back end was better so Grier gets a passing grade on that front.
Now, he needs to do it all over again, perhaps to an even bigger extent this summer. Among regulars on their roster this season, the only ones under contract are Orlov and Sam Dickenson. Meanwhile, Shakir Mukhamadullin is a pending restricted free agent. Everyone else – Klingberg, Leddy, Mario Ferraro, and Vincent Desharnais – will hit the open market this summer, potentially leaving four roster spots to try to fill.
Ferraro is the one that they’d undoubtedly like to keep and he has made it clear that he’d like to stay. But as one of the better players set to be available, he’ll have the leverage to command a long-term deal, something that the Sharks don’t appear inclined to offer just yet. Short-term reunions with Klingberg and Desharnais could be explored while Leddy almost certainly won’t be back.
It’s safe to say that Grier will need to make a move or two on the free agent market but given the thinned-out group, he’ll also need to do something on the trade front. With a deep cupboard of draft picks and prospects, they’ll be in a good position to add there. But after a summer of turnover last year, it could be an even bigger one with potentially four newcomers (perhaps including prospect Eric Pohlkamp) joining San Jose’s blueline.
Core Extension Talks
The Sharks were led offensively this season by a pair of sophomore players, Macklin Celebrini and Will Smith. Both players will be extension-eligible on July 1st, leaving a 10-week window to try to work out an eight-year deal before that option gets eliminated with the new CBA beginning in mid-September. It’s fair to say that both players are part of the long-term core group so getting them locked up should be high on the priority list.
Celebrini is coming off an absolutely dynamic season. He took his offensive game to an elite level, potting 45 goals and 70 assists to finish fourth in the league in scoring, a performance that likely will have him finishing within the top five in Hart Trophy balloting (although he’s not among the three finalists). It’s very rare for a second-year player to have that type of impact and he has already become the elite piece they hoped they were getting when they made him the first-overall pick in 2024. And while this won’t factor directly into his contract talks, he played quite well for Canada at the Olympics and is currently impressing at the Worlds as well.
The priciest post-entry-level contract in terms of AAV is Edmonton’s Connor McDavid, who signed an eight-year pact worth $12.5MM per season. Given Celebrini’s performance this year and the considerable upward movement in the salary cap, there’s a good chance there will soon be a new record on that front. In terms of cap percentage, McDavid’s deal was 15.72% of the Upper Limit when it was signed, an amount that would equate to around $17.8MM in 2027-28 based on current cap projections. It’s fair to say Celebrini won’t command something in that territory but something in the $14MM range or even $15MM on an eight-year deal certainly feels palatable. And if that’s not a number San Jose is willing to go to just yet, they can wait out the year but would only be able to do a seven-year pact next summer.
Smith, meanwhile, had a solid second NHL season himself, recording 24 goals and 35 assists in 69 games to finish second on the team in scoring. While he was drafted as a center, he hasn’t played there much so far in the NHL but that could change down the road depending on how Michael Misa, another high draft pick, performs in that role. Whether it’s at center or the wing, the Sharks are hoping he’s a top-line fixture and Smith’s camp will be expecting an extension offer in that territory. Again, given the big bumps coming to the salary cap, there could be some sticker shock on the price, which plausibly could approach the $10MM mark on an eight-year agreement.
Given that there is some variance potential in where both sides think Smith will land, it’s entirely possible that an extension isn’t worked out this summer. In that case, they can simply let next season play out and use that performance to help shape contract talks. While it’s possible that they could look to do a bridge contract as they did with William Eklund last summer, that’s probably not the most advisable approach at this time; there’s no need to commit that soon to a short-term second pact.
Add PK Help
With a patchwork (albeit improved) back end and a goalie tandem that was a little shaky (Yaroslav Askarov’s rookie year was hot and cold and Alex Nedeljkovic is an okay backup), it’s unsurprising that the Sharks were once again a team that got scored on a lot. While they shaved 20 goals off last year’s number, they still allowed 290, more than 3.5 per game. Some of that can be attributed to what was just noted but the penalty kill also has to wear some of the blame.
San Jose allowed 58 power play goals this season, sixth-most in the NHL. Their success rate was 76.4%, 26th in the league. These are numbers that can definitely stand to be improved upon. And if they have genuine playoff aspirations next season, then these numbers have to be improved upon.
One way to do that is to get some help up front. San Jose’s four most-used forwards shorthanded in terms of ATOI per game were Ty Dellandrea, Collin Graf, Alexander Wennberg, and Barclay Goodrow. Dellandrea and Wennberg were second-wave players in 2024-25, Graf was a rookie, and Goodrow is widely expected to be a buyout waiting to happen. With due respect to these players, they can certainly be improved upon.
With a young team, it should come as little surprise that the Sharks struggle at the faceoff dot. Getting a checker who can win draws is a good place to start. A veteran who can fill a fourth-line checking specialist role would also help. This isn’t going to turn things around by any stretch but adding a few percent to the success rate is probably worth a few points in the standings as well. Those adds would also allow the young core a bit more time to develop before potentially being thrust into that role down the road as well.
It’s also worth noting here that San Jose’s four most-used blueliners shorthanded in terms of ATOI were Ferraro, Desharnais, Timothy Liljegren, and Vincent Iorio. In other words, two pending UFAs, someone who was traded at the deadline, and someone lost to a waiver claim. As Grier looks to reshape his back end, finding some reliable penalty killers will be a particular point of emphasis.
Add A Core Piece
Over the course of the rebuild, the Sharks have brought in several core pieces, headlined up front by Celebrini, Smith, Misa, and Eklund, with Dickinson representing the future on the back end. Their good fortune in the Draft Lottery will ensure they get another one as they now hold the second selection in next month’s draft. They should get a core piece from that pick.
In a nutshell, that alone would check the box in this section. They will get a future core player in the draft to add to their stockpile. But if they’re aiming on getting to the playoffs next season, Grier needs to be aiming for a current core addition as well.
In a perfect world, that player would be in the same age group as the current core. Having said that, the only way to get that is to probably trade the number two pick. For the right young player, that shouldn’t be off the table but it’s probably not Plan A either.
But this is a young enough group that they could stand to add a top-six forward up front as they did with Tyler Toffoli two summers ago. And, obviously, a core defender or two would go a long way. They were in on Dougie Hamilton last offseason but it’s believed he invoked his trade protection to stay in New Jersey. It’s possible they could try to circle back on that front but they might be better off looking elsewhere.
San Jose has more than ample cap space this summer, more than $41MM, per PuckPedia. They have plenty of trade chips. So, even with a thinned-out UFA market, Grier should be able to add at least one core player to help his current group while getting a long-term core addition via the draft. They’re already set up nicely for the future and should add to that upside this summer.
Photo courtesy of Stan Szeto-Imagn Images.
Mario Ferraro Likely To Test Unrestricted Free Agency
San Jose Sharks defenseman Mario Ferraro is likely “going to UFA,” Elliotte Friedman of Sportsnet reported on today’s 32 Thoughts Podcast. Friedman said it “doesn’t sound like” there has been much progress on a contract extension between Ferraro and the Sharks, and as a result it appears likely the veteran defenseman will test the open market on July 1.
This confirms what Sharks GM Mike Grier told the media at the end of the season, saying Ferraro would “probably at least test free agency” before finalizing any potential extension with San Jose. (Quote via Josh Frojelin of San Jose Hockey Now)
While there is enough time between now and the start of free agency for things to change, Friedman’s report indicates that Ferraro’s time as a Shark is soon to come to an end. Ferraro was a second-round pick by the team (No. 49 overall) at the 2017 NHL Draft, plucked from the Des Moines Buccaneers of the USHL. After two solid seasons of college hockey at UMass-Amherst, Ferraro broke into the NHL in 2019-20. He earned an NHL spot out of training camp and hasn’t relinquished it since.
Across seven seasons in the Bay Area, Ferraro played in 490 NHL games, scoring 114 points. While his arrival in San Jose coincided with the team’s decline from consistent playoff contender to basement-dwelling rebuilder, Ferraro has been a steady presence on the Sharks blueline throughout those lean years.
A captain in the NCAA, Ferraro quickly took on more of a leadership role in San Jose. In 2021-22, his age-23 campaign, Ferraro was named an alternate captain and has held onto that status through 2025-26.
Now 27 years old, Ferraro has a chance to earn a life-changing contract this summer.
He’s on the younger side when it comes to unrestricted free agents, meaning interested teams can go into negotiations with Ferraro with less fear of the risks of age-related decline. That factor will help him drum up league-wide interest on the open market.
An additional factor aiding Ferraro’s case in free agency is his experience. While he has not yet played in the playoffs in his career, Ferraro has handled a top-four, if not top-pairing workload for a half-decade. His average time-on-ice per game for his career is 21:14, but that’s weighed down by his rookie season, when he averaged just 15:53 per game. From 2020-21 through this past season, Ferraro has averaged 22:00 time on ice per game.
He has consistently played a heavy workload in San Jose, including in 2023-24, when he was the team’s No. 1 defenseman. He has also been a fixture on the penalty kill, leading the team in time-on-ice per game while short-handed in three of the last four seasons.
While offensive production has never been a major element of Ferraro’s game, his ability to weather significant minutes stands out in what is expected to be a thin free agent class. AFP Analytics projects Ferraro to receive a four-year, $5.1MM AAV deal as a free agent, though that could be a conservative estimate given the way player costs have risen as projected increases in the cap have gotten priced into contracts on a more regular basis.
San Jose has more than enough cap space to afford to match any offer made to Ferraro in free agency. PuckPedia projects the Sharks to have nearly $42MM in cap space this summer. But the Sharks have to plan carefully, as they have extensions for their young stars to consider down the line, and they won’t want to commit too much money too far down the line in order to preserve as much financial flexibility as possible for when Macklin Celebrini and others are eating up significant portions of the cap.
Additionally, taxes are a factor that works against the Sharks whenever they look to bid on free agents. While they have had success in the past on the open market, suggesting they have been able to work around this obstacle, the reality is players take home a greater portion of their salary playing in a low-tax market such as Tampa Bay, or Nashville, than in a market like San Jose.
The tax calculator tool provided by Cardinal Point Athlete Advisors shows that if Ferraro were to receive identical offers at AFP Analytics’ projected salary ($5.13MM) from San Jose and Tampa Bay, respectively, Ferraro would pay an additional $705K per year if he took the Sharks’ offer, compared to Tampa Bay’s. Over the lifetime of a four-year contract, that is nearly $3MM difference between the two offers.
In other words, the Sharks and other markets are at a natural disadvantage when competing for free agents. Of course, the Sharks do have some advantages, such as their climate and up-and-coming roster. It’s difficult to isolate the free agent decision-making process to just one variable. And it has to be said that the true tax situation NHL players navigate is far more complex than a simple side-by-side calculator will be able to reflect.
But given all of the things working in Ferraro’s favor, it’s no surprise that he would want to see what kind of offers he’ll receive from around the league before deciding whether to move on from the only NHL franchise he’s ever known.
Photos courtesy of Stan Szeto-Imagn Images
Sharks Primed To Target Free-Agent Defensemen To Insulate Youth Core
With the 2026 NHL offseason rapidly approaching, General Manager Mike Grier has positioned the San Jose Sharks as major players in the summer market. The team is loaded with the second-most projected cap flexibility in the entire league ($41.5M), and the Sharks have a remarkably clear runway to shape their roster. As it stands, the Sharks have 17 of 23 active roster spots filled and a wide-open contract bank with just 25 of 50 standard player contracts utilized.
Up front, the heavy lifting is already largely completed. Aside from deciding on veteran depth options like 39-year-old unrestricted free agent Ryan Reaves and 26-year-old Pavol Regenda, who is coming off a Group 6 UFA status, the primary forward focus centers on finalizing extensions for key restricted free agents Philipp Kurashev, Collin Graf, and Zack Ostapchuk. Because this forward group is young and cost-controlled, the true intrigue of the summer shifts entirely to the blue line.
The bigger part of the puzzle, however, San Jose’s defensive corps for next season looks incredibly sparse and requires immediate attention. The only locked-in pieces under contract are veteran Dmitry Orlov, who will anchor the top four at 34 years old, alongside highly touted prospects Sam Dickinson and Luca Cagnoni, who appear ready for everyday NHL minutes at 19 and 21, respectively.
Apart from that trio, Grier has a complete blank slate. Four major unrestricted free agents are seeking clarity about their future with the Sharks, and the decisions made here will determine whether San Jose utilizes its substantial cap space for internal extensions or pursues high-end talent through trades and the sparse open market.
The primary focus of those internal conversations will undoubtedly revolve around Mario Ferraro. At 27 years old, Ferraro perfectly fits the leadership timeline for a transitioning franchise, and extending him to a term contract should be a priority if Grier wants to insulate his rookie class with proven stability on the back end. On the depth front, 29-year-old Vincent Desharnais is another logical target for retention, offering the exact kind of size and physical snarl that the Pacific Division demands on a short-term, reasonable deal.
The Sharks are expected to move on from their older free-agent blueliners. Nick Leddy, now 35, will likely be allowed to test the open market as the organization transitions to younger blueliners. Similarly, 33-year-old John Klingberg is a significant wildcard after an injury-plagued campaign. While he could theoretically serve as a cheap, short-term option to provide power-play utility, the roster spots are simply too valuable to commit to aging health risks when younger assets need room to develop.
Because the Sharks have tens of millions in space and are well away from any sort of cap crunch, Grier is under no obligation to bring these veterans back out of necessity. Instead, he can shift his gaze toward a highly lucrative unrestricted free agent class to completely accelerate the rebuild.
On the right side, 29-year-old Rasmus Andersson is among the top of the free agent class, offering a pristine mix of top-pairing minutes and transition play that would perfectly complement a rookie like Dickinson. If Grier wants an injection of pure championship pedigree and elite power-play leadership, 36-year-old John Carlson could be on the radar as a premium short-term bridge option, while 32-year-old Jacob Trouba provides a rugged, veteran alternative to entirely reshape the identity of San Jose’s zone.
If the Sharks pivot toward adding sheer size and shutdown stability to insulate their creative rookies, the market offers intriguing depth targets as well. The 33-year-old Jamie Oleksiak brings a massive frame and extensive defensive coverage that can lighten the load for a developing blue line, while fellow 33-year-old veteran Connor Murphy offers a reliable, defensive-minded presence capable of eating tough minutes on the penalty-kill.
With elite future assets already in the cupboard and the financial firepower to easily outbid the field or absorb heavy contracts, expect Grier to be incredibly aggressive. The Sharks are fully expected to use their financial leverage to secure at least one of these premier targets, ensuring the next generation of talent has a world-class safety net on the back end.
Sharks Sign Carson Wetsch to Entry-Level Contract
The San Jose Sharks have officially signed forward Carson Wetsch to a three-year, entry-level contract. Wetsch, who recently completed a standout season in the Western Hockey League, was selected by San Jose in the third round (82nd overall) of the 2024 NHL Entry Draft.
The 20-year-old right winger is coming off a highly productive campaign as the team captain of the Kelowna Rockets. In 65 games with Kelowna during the 2025-26 season, Wetsch recorded a career-high 72 points (22 goals, 50 assists). His 1.11 points-per-game pace and 80 penalty minutes should bring a positive sign forward for the “power forward” identity that intrigued Sharks scouts during his draft year.
Standing 6-foot-2 and weighing 201 pounds, Wetsch has earned praise from scouts for his high motor and mature defensive habits. Known for his ability to win puck battles and play a heavy game, he projects as a versatile bottom-six winger who can kill penalties and provide secondary scoring at the professional level.
The signing marks another step in San Jose’s ongoing rebuild as they continue to lock down key pieces of their prospect pool. Now that his junior eligibility has concluded, Wetsch is expected to transition to the professional ranks for the 2026-27 season, likely beginning his tenure with the AHL’s San Jose Barracuda.
Theorizing A Draft Day Trade For The Sharks
After winning the lottery last week, the San Jose Sharks have arguably the top trade chip leading up to the draft. According to recent reports, particularly from The Fourth Period, the Sharks are giving serious thought to moving the second overall pick for the right move.
This isn’t to say that San Jose wouldn’t love to have Gavin McKenna or Ivar Stenberg, but they already have a glut of high-level forward prospects and only so many spots for them on the roster. Given their dire need for defensive help, it would make far more sense for the Sharks to draft one of Chase Reid, Keaton Verhoeff, or Carson Carels. Still, by all accounts, any of those defenseman would be considered a reach at second overall, given the drop-off in talent after McKenna and Stenberg.
Unfortunately, there aren’t many defensemen available on the trade market that would satisfy the immense value of the second overall pick this season. Dougie Hamilton of the New Jersey Devils and Morgan Rielly of the Toronto Maple Leafs are already known trade candidates heading into the offseason. Still, it’s highly unlikely that New Jersey and Toronto would add the necessary assets to get a trade over the finish line. Furthermore, there’s no chance that top-level defensemen like Zach Werenski, Quinn Hughes, or Cale Makar will be on the move anytime soon, if ever.
However, there may be an opportunity for San Jose to acquire one of the top defensive prospects available in this year’s draft, and a younger top-four defenseman in the same trade. Enter the New York Rangers.
The Rangers already have six defensemen signed through next season, with Scott Morrow also looking to crack next season’s opening night roster. Seeking a decent raise this summer, Braden Schneider was a blue liner that New York peddled at the deadline, and will presumably be available again this summer.
Obviously, Schneider wouldn’t come close to having the value in his own right for the second overall pick. However, the Rangers have the fifth overall pick in this year’s draft, which would give the Sharks a pathway to having a guaranteed shot at Reid, Verhoeff, or Carels (assuming McKenna and Stenberg are taken with the first two picks).
As previously mentioned, given the drop-off in talent after McKenna and Stenberg, it’s likely the Rangers would have to add a few more pieces to the trade to get it across the finish line, but not by much. Center Adam Edstrom, who hasn’t exactly worked out with the Rangers so far, could benefit San Jose by giving them more size on their fourth line. Additionally, New York has four third-round picks in the upcoming draft. Including one of those four may be enough to satisfy the Sharks’ demands.
The hypothetical trade, at least on paper, appears to be a win-win for both teams. The Rangers would have the ability to draft a new face of the franchise, especially one that can jump into the roster next season, and the Sharks could add a right-handed defenseman who is already ready to go, and one of the best defensive prospects available in this summer’s draft.
Regardless, there will be a lot of movement leading up to the draft, as is the case every year, and the Sharks could very well retain the pick and select either McKenna or Stenberg to put their offensive firepower over the top.
Latest On Sharks Draft Plans
After jumping into the second overall selection from last week’s draft lottery, the San Jose Sharks may capitalize on their luck by entertaining trade offers, outlined by The Fourth Period this morning.
With Toronto winning big last Tuesday, dominating many of the headlines, somewhat cast aside was the Sharks moving up seven spots to #2. Picking in the top five in each of the last three years, including second overall last summer (Michael Misa), the difference now is San Jose hardly needs another young forward in their pipeline, suddenly in win-now mode and past rebuild status. With Ivar Stenberg the clear cut second best player overall, defensemen such as Chase Reid and Keaton Verhoeff could be more attractive based on needs, but a reach at second overall from a value perspective.
2026 draftees aside, the Sharks netted an asset which would land a haul of NHL-ready talent, especially on the back-end, from any team looking to move up and select Stenberg. Known to be seeking upgrades on the blueline this summer, there’s perhaps no better trade chip than the one they hadn’t even expected to be holding today. As mentioned in the article above, GM Mike Grier also shopped his top pick last year, not ending up dealing it. If that proves to be the case again, rivals may be forced to prepare to deal with Stenberg, as part of a downright scary forward group in years to come.
Macklin Celebrini Named Team Canada Captain For IIHF World Championships
With their season coming to an abrupt end yesterday, injuries affecting the Philadelphia Flyers have begun to be revealed. Bill Meltzer of Flyers.NHL.com shared that Owen Tippett is dealing with a sports hernia, Cam York was playing through a fractured rib, and Christian Dvorak was battling a separated shoulder.
By yesterday’s Game 4, the Flyers were running with a patchwork lineup, including Carl Grundström and rookie Oliver Bonk, both of whom spent time in the AHL this year.
Tippett was unable to skate in any of the four second round games against the Hurricanes, with an ailment which was not revealed at the time. If he had limped into a game, a full tear would have been possible, which would greatly affect his health moving into next season. The 27-year-old tied his career high in goals this year (28) and played in all but one regular season contest, the best of his career to this point. He should be all set for next fall.
Meanwhile, both York and Dvorak played through their injuries. York skated in 24 minutes or more in each of the last three games against Carolina. The 25-year-old appeared hampered at times, but his overtime series winning goal over Pittsburgh was an unforgettable moment.
Finally, Dvorak came away with four assists, impressively not missing a single game despite his injury. It was a season to remember for the 30-year-old, setting a career high with 51 points in 80 games, and earning a five-year extension with the team.
Elsewhere across the league:
- The Edmonton Oilers face an off-season of changes after a disappointing first round exit, but as written by The Fourth Period, that may not include Connor Ingram, Jason Dickinson, and Connor Murphy, who are expected to explore being re-signed. Dickinson, 30, effectively replaced Adam Henrique as a third line center. Mostly a shutdown penalty killer, he did find the back of the net twice in the playoffs, capable of providing a scoring spark at times. He’d require a serious pay cut from his current $4.25MM to stay with the Oilers. Another former Blackhawk, the 33-year-old Murphy played top four minutes in Edmonton, starting 58% of his shifts in the defensive zone as a stay-at-home sidekick for Darnell Nurse, the duo anchoring the penalty kill. Finally, as far as depth goaltenders go, Ingram brought above average results at a .899 save percentage and 2.60 goals-against-average, but Edmonton must find a solution with Tristan Jarry in order to avoid leaning on the persevering 29-year-old Ingram so heavily again.
- Sharks 19-year-old superstar Macklin Celebrini has been named captain of Team Canada at the 2026 IIHF World Championships. It’s a passing of the torch of sorts, as he’ll lead alongside veteran assistants Ryan O’Reilly and John Tavares despite being the youngest skater on the team. Celebrini is no stranger to the international circuit, leading Canada in the World Juniors, and already a top line star at the highest stage, last February in Milan where he came away with a silver medal. A face of the future of Canada Hockey, the Vancouver native wasted no time, recording three points earlier today in a resounding 6-1 exhibition defeat of France.
Toronto Maple Leafs, San Jose Sharks Win 2026 NHL Draft Lottery
The Toronto Maple Leafs have won the 2026 NHL draft lottery, shared by the league, which was conducted at the NHL Network Studios in Secaucus, New Jersey this evening. On 8.5% odds, Toronto jumped from #5 to the top selection and will be first on the stage on June 26 in Buffalo.
They were not the only club to have luck on their side, as the San Jose Sharks jumped from #9 to the second overall selection (5.2%), leaving the Vancouver Canucks to drop from the top slot to #3 overall. At this point, with the lottery determined, the 2026 draft’s first 16 selections are now official:
- Toronto Maple Leafs
- San Jose Sharks
- Vancouver Canucks
- Chicago Blackhawks
- New York Rangers
- Calgary Flames
- Seattle Kraken
- Winnipeg Jets
- Florida Panthers
- Nashville Predators
- St. Louis Blues
- New Jersey Devils
- New York Islanders
- Columbus Blue Jackets
- St. Louis Blues (from Red Wings)
- Washington Capitals
The Maple Leafs will have their choosing of the first player, for the first time since 2016, where they netted Auston Matthews, a draft which was also held in Buffalo. It will be the third time ever, the first being Wendel Clark in 1985. Of all the lottery scenarios tonight, Toronto’s chances at winning were a wild possibility, and sure enough, it has happened.
After hiring John Chayka as general manager, it was already apparent there’s serious pressure on the new regime to win over Matthews. Things couldn’t be off to better of a start than they are tonight. With a sparse free agent market, and complicated trade assets, the Leafs got a lucky break which has dramatically shifted their outlook. Just hoping to stay in the top five, to avoid relinquishing their pick to Boston as a result of the Brandon Carlo trade, that’s no longer a concern. Boston fans may simply look ahead to next year, but with conditions existing on the Philadelphia/Scott Laughton deal as well, they may have to wait for 2028 to obtain Toronto’s first rounder, while the 2027 selection would end up in the hands of Philadelphia.
Not to be outdone, already building one of the most talented young teams in the league, San Jose will pick #2 for the second consecutive season, despite taking a serious step forward, going 39-35-8 on the back of soon to be 20-year-old Macklin Celebrini‘s 115 points. It’s an embarrassment of riches for a team already thought to have one of the highest ranked prospect pools in the NHL, who will pick in the top five for the fourth straight year.
Gavin McKenna, widely considered to be the top prospect, jumped from Medicine Hat of the WHL to Penn State University in 2025-26, seeking a bigger challenge. Adversity he got, facing questions early on about his production against higher competition, as well as an off the ice incident where charges were eventually dropped. Through it all, the Whitehorse, Yukon native stayed the course, tying for fifth in NCAA scoring with 51 points in 35 games. Barring any major developments, Leaf fans can expect to see #72 in the blue and white next fall, although his immediate full time NHL role is a question mark. Even if not an immediate standout, McKenna’s offensive flair, reminiscent of Patrick Kane, has him a potential star for years to come. It’s about as perfect of a match as the organization could hope for after losing Mitch Marner, as McKenna is a natural wing who could feast alongside Matthews.
Likely missing out on the chance to select McKenna, but certainly not complaining, the Sharks still have a tremendous prospect in their grasp, Ivar Stenberg. The Swedish winger posted 33 points for Frolunda of the SHL, playing against men and coming away fifth in team scoring despite playing in fewer games than teammates. Back in January, the 18-year-old was thought to be emerging as jumping McKenna for the top spot. Largely considered to be a top six lock, with first line upside, Stenberg could be an immediate contributor wearing the teal next season. If so, he’d complete an entire top six corps made up of dynamic young forwards: Celebrini, Will Smith, William Eklund, Michael Misa, and Igor Chernyshov. Clearly not in much need of another forward, Stenberg is likely too strong a prospect to pass on.
Outside of McKenna and Stenberg, holding the highest upside, the field opens up a bit, which is especially cruel to Vancouver, who fell to #3, a range the haven’t found themselves in since selecting the Sedin twins in 1999. Defensemen Chase Reid, Keaton Verhoeff, and Alberts Smits all offer top pairing potential as prospects any team would salivate over. If that’s the path they take, the Canucks would create a tremendous one-two punch with 20-year-old Zeev Buium.
Also worth mentioning, Caleb Malholtra stands out as the top center. Son of longtime NHL center Manny Malholtra, and current head coach of the AHL’s Abbotsford Canucks, Caleb will benefit from a major breakout campaign with the OHL’s Brantford Bulldogs, and being a member of a draft class which is more thin down the middle among the top five. Besides the obvious connections, it will be a story line to watch on if Vancouver passes on the defensemen and considers Malholtra, who will join Boston University next fall.
Last year the New York Islanders jumped from #10 to the top spot. After a solid playoff window, their aging core was running out of juice. There was a fair bit of speculation on if they could select a game-breaking forward such as Misa or go with the top player, defenseman Matthew Schaefer, who lost a large chunk of his draft year due to injury.
New York went with Schaefer, as Misa landed with the Sharks, and the reward was massive. The teenager led all Islanders in ice time, playing over 24 minutes a night, scoring 23 goals and 36 helpers for 59 points in 82 games. The #1 pick finished second in the entire NHL in goal scoring from defensemen, a spectacular campaign for a player who wasn’t even a lock to make the roster. For how good he was as a rookie, it’s scary to think about what is in store. Such is indicative of the power of the draft lottery, and a number which will always be synonymous with Schaefer as an Islander; 3.5%.
Meanwhile, Toronto will hope to have the same sort of fortune with their selection. Often the NHL lottery is weighed by the “deserved” scale, up for interpretation. While every franchise deserves the opportunity to select game breaking talent, especially those with the worst records, it’s fascinating to consider how different things could be for the Maple Leafs, and just how much they had at stake tonight. Rather than forking over a top 10 selection to their playoff nemesis, and coming away with nothing from a lost season, the lights are as bright in Toronto as ever, and now, they’re on the clock for June 26.
Sharks Sign Patrick Giles To Two-Year Extension
The San Jose Sharks have signed forward Patrick Giles to a two-year contract extension, per a team release.
According to PuckPedia, the deal carries an $875K cap hit. Giles will earn an $850K NHL salary in 2026/27, a $250K AHL salary, and receive a $325K guarantee. In 2027/28, the deal will carry a $900K NHL salary, $300K AHL salary, and $375K guarantee.
The 26-year-old, who is repped by Shawn Hunwick of The·Team, was set to become a Group-VI unrestricted free agent in the summer. Giles’ expiring contract was a two-year, two-way pact signed in June 2024. 
Giles’ last deal paid him a league-minimum NHL salary in both years, with a $100K AHL salary in year one and a $150K AHL salary in year two. The deal also contained $132.5K and $180K guarantees in years one and two, respectively.
By re-signing Giles, the Sharks have gained some continuity in the lower portion of their depth chart.
The former Boston College forward has never been a big point producer – his 24 points in 67 AHL contests this season represent a career-high – but despite that fact he has still been able to earn call-ups to the NHL.
Over the past two years, Giles has earned the right to dress for 20 contests at the game’s highest level. Over that same amount of time, two years, he has produced just 35 combined points in the AHL.
What has made Giles a useful part of the Sharks organization, and the Florida Panthers before that, has been his versatility, work ethic, and defensive responsibility. He was the Barracuda’s top penalty-killing forward this season, and has even gotten a little bit of time on the penalty kill at the NHL level.
It’s that combination of useful traits that has made Giles the kind of depth player the Sharks clearly want to keep around. His defense-first style is such that coaches can trust him as a call-up option to fill in a fourth-line role when injuries hit.
Giles can give a team eight minutes of responsible, mistake-limiting hockey, and there is value in a forward who can do that even if his scoring is going to be limited. The Sharks must agree, as they have invested in Giles, at an increased cost, for another two seasons.
Photos courtesy of David Gonzales-Imagn Images
Lucas Carlsson Signs In Sweden
A Sharks pending unrestricted free agent has decided to forego testing the open market to head home instead. Djurgardens in the SHL announced that they’ve signed defenseman Lucas Carlsson to a four-year deal that begins next season.
The 28-year-old spent the last two seasons in San Jose’s organization although it didn’t amount to a lot of playing time at the top level. Carlsson played in 13 games down the stretch in 2024-25 and held his own while picking up four points in over 19 minutes per night of playing time. But after the Sharks overhauled their back end over the summer, he was on the outside looking in again. This season, he played exclusively with the AHL’s Barracuda, collecting 12 goals and 14 assists in 58 appearances.
Over his career, Carlsson has played in 73 NHL games between San Jose, Florida, and Chicago. He has spent the bulk of his career in the minors and has been quite productive down there, tallying 219 points in 359 games over parts of eight seasons.
With that in mind, Carlsson would almost certainly have received interest in another two-way contract this summer from teams looking for a quality veteran blueliner who can hold his own in a pinch in the NHL. But instead of seeing what offers might have materialized, he decided that it’s time to turn the page and head home. That likely will close the book on his time in North America unless a strong performance overseas yields one last opportunity down the road.