Multiple reports indicate that Macklin Celebrini has signed a five-year contract extension with the San Jose Sharks. Elliotte Friedman and Frank Seravalli initially reported that the deal was closing in, while the Sharks' official Twitter account confirmed the extension. Further details were provided by Frank Seravalli and Chris Johnston, who stated the contract is worth $18.8 million annually.

Celebrini, 20, is a center for the Sharks and has emerged as a top-line scorer. In the 2025-26 season, he recorded 45 goals and 70 assists for 115 points in 82 games, with 33 power-play points and a +8 rating. Over his career, he has accumulated 178 points in 152 games. The contract extension is expected to make him the highest-paid player in the NHL by AAV when it kicks in for the 2027-28 season, as noted by Frank Seravalli.

Additional reports from Frank Seravalli and Chris Johnston highlighted that the five-year term includes one unrestricted free agent year, making Celebrini a pending UFA at age 26 in 2032. However, no specific details about the structure of the contract beyond the AAV and term were provided in the reports.

The extension solidifies Celebrini's role as a top-line scorer for the Sharks. With his performance and the new contract, he is expected to play a significant role in the team's future plans. The Sharks will next face the Edmonton Oilers on August 1, 2026, in a highly anticipated matchup.