The San Jose Sharks have signed William Eklund to a three-year contract worth $16.8 million. The contract carries an average annual value of $5.6 million, which is a great cap hit for a bridge deal for a team on the back half of a rebuild like San Jose.

Eklund, 22, played in 77 games last season. He had 17 goals and 41 assists for 58 points. He will look to follow up that season with another great year in the 2025-26 season.

This contract extension will start in the 2026-27 season when his rookie contract is over. The deal will still end with him being a restricted free agent, who will be arbitration-eligible.

The Sharks are expected to make a few signings to bring them up to the salary cap floor, which would be approximately $20 million that will need to be spent.

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