The San Jose Sharks recently acquired forward Kiefer Sherwood from the Vancouver Canucks in exchange for two second-round picks (2026 and 2027) and defenseman Cole Clayton. The Sharks are aiming to extend Sherwood's stay in San Jose, as he is set to become an unrestricted free agent (UFA) at the end of the season.
However, there's a significant gap between what Sherwood and his agent are seeking in a new contract and what the Sharks are willing to offer. NHL insider Chris Johnston reported that Sherwood's camp believes he could command a contract with a total value of $30 million over the long term. This translates to an average annual value (AAV) of $5 million, which Elliotte Friedman suggests the Sharks might be hesitant to pay.
Despite the Sharks giving up valuable assets to acquire Sherwood, there was no contract extension agreed upon as part of the trade. This means that Sherwood is currently on track to become a UFA on July 1st.
Several factors could influence the likelihood of an extension.
Sherwood's Performance: The 30-year-old is having a career year, with 17 goals in 44 games. He also brings a physical presence, leading the NHL in hits. How he performs with the Sharks could sway their decision.
Sharks' Evaluation: Sharks General Manager Mike Grier will be evaluating Sherwood's fit with the team. His on-ice chemistry, integration into the team's system, and overall impact will be key considerations.
Sherwood's Desires: Sherwood's feelings about playing in San Jose could also change once he gets on the ice. The opportunity to play with promising young talents like Macklin Celebrini and Will Smith might make him want to stay.
Market Value: Sherwood is in the midst of a career year, which could increase his value as a UFA. NHL scouts believe that Sherwood would be a valuable asset to any team.
Given these factors, the odds of a Kiefer Sherwood extension in San Jose remain uncertain. While the Sharks clearly value his contributions, the financial expectations of Sherwood's camp and his UFA status create a complex situation.
