NHL: San Jose Sharks would reportedly need to retain between $4 million and $5 million to make a trade work with the Edmonton Oilers.
There has always been a general understanding that if the San Jose Sharks were willing to trade defenseman Erik Karlsson, they would have to retain a significant amount of money on his contract, which carries an $11.5 million cap hit for the next four years.
Asked about that report in January, Grier said, “I’m not going to really get into what we’re asking for but I don’t think that’s totally accurate.”that the Sharks and the Oilers had reengaged in trade discussions regarding Karlsson – an indication, perhaps, that both sides might be willing to meet somewhere in the middle.
Does a Karlsson trade that involves 40 percent retention of his contract make sense for the Sharks organization, who might not want to enter a protracted rebuild that lasts another two or three years? SUNRISE, FLORIDA – FEBRUARY 04: Connor McDavid #97 of the Edmonton Oilers celebrates with Erik Karlsson #65 of the San Jose Sharks after scoring a goal between the Central Division and the Pacific Division during the 2023 NHL All-Star Game at FLA Live Arena on February 04, 2023 in Sunrise, Florida.
That could help set the Sharks up for some long-term success, although there likely would be some more pain in the meantime.
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