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Captain at 20, Paid Like the League's Best: Celebrini's Sharks Have Run Out of Waiting

San Jose climbed 34 points last season and missed the playoffs by four. With a new captain, a $94 million extension and a summer of veteran additions, the rebuild is over.

Briar Keller

September 29, 20263 min read

For seven straight springs the San Jose Sharks have watched the playoffs from home, and for most of them nobody expected anything else. That changed last season, and it changed fast.

The Sharks went from 52 points to 86, a 34-point climb the Associated Press counted among the 10 largest single-season jumps of the past 30 years. They finished four points out of a playoff spot. And the reason sat in the middle of the top line.

The 115-point argument

Macklin Celebrini scored 45 goals and 115 points in 82 games, a franchise record and fourth in the NHL. He was a Ted Lindsay Award finalist, won Olympic silver with Canada, captained his country at the World Championship and was named the IIHF's male player of the year.

San Jose has responded the way franchises respond to a player like that. On July 29 it signed him to a five-year, $94 million extension, an $18.8 million average that is the highest in the league. On Sept. 25, with Joe Thornton delivering the news, it made him captain, the youngest in team history and the youngest in the NHL today. He is 20.

Grier stops collecting and starts buying

General manager Mike Grier spent three years accumulating picks. This summer he spent them.

He sent William Eklund to Ottawa for the No. 9 pick, used it on defenseman Keaton Verhoeff, and then went shopping for grown-ups: Darnell Nurse by trade from Edmonton, with San Jose absorbing his full $9.25 million cap hit; Jacob Trouba on a four-year deal; Michael Kesselring from Buffalo; and Mason Marchment on a five-year contract.

Marchment wears No. 27 for his late father, Bryan, who played for the Sharks.

Luck helped too. The Sharks jumped from ninth to second in the draft lottery and took Swedish forward Ivar Stenberg, who made the opening-night roster at 18.

What the standard is now

Marchment put it plainly in August: the playoffs are "the bare minimum." That is a bold sentence for a team that has not qualified in seven years, and it is also fair.

The Pacific is not a gauntlet, the projected top line of Marchment, Celebrini and Will Smith would be one of the West's more dangerous, and sportsbooks price San Jose between +1700 and +2100 to win the conference.

The risks are the ones that sank the Sharks last season. Only a couple of teams allowed more goals, and Yaroslav Askarov finished with a 3.63 goals-against average. Smith, coming off a 24-goal season, needs a new contract after this one.

None of that changes the math. A team with the league's highest-paid player and a 20-year-old captain is no longer rebuilding. The first test comes Thursday, Oct. 1, against Florida at SAP Center.

Sources

NHL.com, Celebrini signs five-year, $94 million contract (July 29, 2026)

NHL.com, Celebrini named youngest captain in Sharks history (Sept. 25, 2026)

San Jose Sharks, 2026-27 opening roster (Sept. 28, 2026)

San Jose Sharks, Darnell Nurse acquired from Edmonton (July 1, 2026)

ESPN, Sharks 2025-26 standings and statistics

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Briar Keller

Briar Keller covers Saratoga high school and area college sports.

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