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Dieter Kurtenbach: Macklin Celebrini is worth every record-setting dollar to the Sharks

Dieter Kurtenbach, The Mercury News on

Published in Hockey

SAN JOSE, Calif. — You won’t hear a Bay Area hockey fan say this too often, but thank goodness for the Anaheim Ducks.

And thank the hockey gods for their general manager, Pat Verbeek, falling asleep at the wheel.

And thank them, while you’re at it, for Philadelphia Flyers GM Daniel Brière, for taking advantage of Verbeek’s mistake.

Because when Philly dropped a jaw-dropping $18 million offer sheet on Ducks forward Leo Carlsson last month, it didn’t just shock Orange County — it changed the entire NHL landscape.

The Flyers’ offer sheet was an act of aggressive, beautiful sports anarchy. And while the Ducks matched the offer, it led us to today in San Jose.

It both set a market and expedited the timeline for Macklin Celebrini’s contract extension.

And here we are today: Celebrini is now locked down for five years at an $18.8 million annual average value. The deal was finalized Wednesday.

I know I’ve said this before, and I meant it then, too, but there will be no further questions: The Sharks’ rebuild is officially, unequivocally over.

Was there ever any real doubt Celebrini would sign a long-term extension in San Jose? No.

But Mike Grier was never going to be caught napping with his shoes on.

He surely has a giant whiteboard in his office, a hyper-organized calendar syncing across his smart devices, and a crystal-clear set of executive priorities.

Securing Celebrini’s signature on an extension was Item No. 1A — top of the list — on his offseason agenda.

It reached a whole new, never-before-seen level when Brière pulled the pin on a financial grenade.

The moment Carlsson’s $18 million baseline hit the wire, Grier’s timeline shrank from months to minutes. Any further delays would prove costly.

Celebrini’s camp didn’t even have to raise their voices — the market raised the price for them.

And while Grier probably lost a few nights of sleep watching the economic ceiling go up, up and even further up, he didn’t flinch for a second.

He simply adjusted his spreadsheet, handed over the pen and secured the franchise before the market went completely insane.

Is $18.8 million a year an eye-watering sum for someone who just turned 20? Sure. As it stands, Celebrini is set to be the highest-paid player in the NHL once the new deal begins.

But will this deal look like a historic bargain in two years?

There is simply no doubt.

 

It’s like building a home in the Bay Area: The concrete and steel will seriously deplete the bank account long before you shop for furniture.

But you need the best you can get in a place where earthquakes are the norm.

The NHL is no different. There’s always seismic activity — the Carlsson offer sheet just being the latest league-rattling move.

But Celebrini is the best foundation you can buy in this game, and now he’s poured deep into SAP Center for the next decade.

Because while Carlsson is a wonderful player, Celebrini is a generational, franchise-altering — and league-changing — superstar.

With the salary cap skyrocketing and Celebrini’s trajectory heading straight for rarely explored territory, he could have driven a hard bargain to become the NHL’s first $20 million-a-year player, and the first $100 million man under the league’s new collective bargaining agreement.

Hell, he probably could have asked for even more than that.

And the Sharks would have been right to give it to him, too.

When it was all said and done, the Sharks secured the far superior player for less than a million dollars per year above what Anaheim got stuck paying.

That isn’t just sound executive maneuvering — it’s daylight robbery with a teal bandana.

Don’t feel bad for the kid. Celebrini still secured generational wealth, but the Sharks are the winners in this transaction: They secured another half-decade of guaranteed relevance with No. 71 here long-term.

They made the move that could — no, should — pay off down the line with a parade through downtown San Jose. And they did it in a tidy, no-nonsense fashion. You have to love it.

Now that parade won’t be happening anytime soon, but we’re far closer to the finish of the project to bring it here than the start.

In the end, the Sharks paid the price to be a serious franchise, while Anaheim paid the tax for thinking they had everything under control.

And in this rivalry, which is poised to be a fixture of the national TV schedule in the years to come, this offseason could prove a pivot point. Sure, the Ducks are further ahead, but they slipped and the Sharks can take the lead in 2026-27.

Still, signing Celebrini was the easy part for San Jose. Tricky, given the landscape, but straightforward.

Now comes the hard part: building a champion team around him.

But what has Grier done to make you think he can’t get that job done, too?

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©2026 MediaNews Group, Inc. Visit at mercurynews.com. Distributed by Tribune Content Agency, LLC.

 

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