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Report: Sharks plan to keep Erik Karlsson in multi-year, $92M deal

The max eight-year deal with San Jose will make him the highest paid defenseman in the league.

TAMPA — Erik Karlsson seems to like to weather down south.

TSN Hockey reporter Pierre LeBrun tweeted that the two-time Norris Trophy winner has signed an eight-year max contract with the San Jose Sharks worth more than $11 million per season. The Associated Press reported that the deal carries an annual cap hit of $11.5 million and includes a full no-movement clause, bringing the grand total to $92 million, which would make him the highest paid defenseman in the league.

The defenseman was acquired from the Ottawa Senators in September, in exchange for three players. The Senators will also get a second-round pick in the 2021 NHL draft from the Sharks with the new Karlsson deal.

A groin injury limited the defenseman’s play to just 53 games with the Sharks, and he had surgery in May. It forced the 29-year-old to post his lowest numbers since 2010-11 with only three goals and 45 points on the season.

Karlsson notched two goals and 16 points in 19 postseason games with the Sharks, who made the Western Conference Finals against eventual Stanley Cup champion St. Louis.

Contact Mari Faiello at Follow @faiello_mari.