{"id":204404,"date":"2026-03-04T20:46:12","date_gmt":"2026-03-04T20:46:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/204404\/"},"modified":"2026-03-04T20:46:12","modified_gmt":"2026-03-04T20:46:12","slug":"san-jose-sharks-sign-kiefer-sherwood-to-five-year-28-5-million-contract","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/204404\/","title":{"rendered":"San Jose Sharks sign Kiefer Sherwood to five-year, $28.5 million contract"},"content":{"rendered":"

SAN JOSE \u2013 Kiefer Sherwood<\/a> will be staying with the San Jose Sharks for their playoff push this season \u2014 and for the long term.<\/p>\n

The Sharks on Wednesday signed Sherwood, a pending unrestricted free agent,<\/a> to a five-year, $28.75 million<\/a> contract extension that runs through the 2030-31 season, when the forward will be 36.<\/p>\n

The deal makes Sherwood one of the Sharks\u2019 highest-paid forwards<\/a>, as its average annual value of $5.75 million is just under the contracts of Tyler Toffoli and Alex Wennberg, whose cap hits for next season are $6 million each.<\/p>\n

Sherwood\u2019s deal, per PuckPedia,<\/a> carries a $4.5 million salary and a $2.5 million signing bonus each of the first two years. The salary for the final three years is $4.15 million, $2.4 million, and $4.2 million, respectively. There is also a $2 million signing bonus owed in years three and four. Sherwood also has a full no-trade clause for next season, and modified no-trade clauses for the final four years.<\/p>\n

This season, Sherwood has 18 goals, 25 points, and an average of 17:32 in ice time in 49 games. He\u2019s also second in the NHL with 238 hits.<\/p>\n

\u201cWe are very excited to have Kiefer remain in San Jose and be part of the group that we are building,\u201d Sharks general manager Mike Grier said in a statement. \u201cThe ingredients he brings to our line-up on a nightly basis blend extremely well with the skillsets of his teammates, and we look forward to his contributions in the years to come.\u201d<\/p>\n

In five games with the Sharks this season, Sherwood has a goal and an assist \u2014 both coming Tuesday\u00a0in San Jose\u2019s 7-5 win<\/a> over the Montreal Canadiens at SAP Center \u2014 28 hits and 18 shots on goal.<\/p>\n

Tuesday\u2019s game was Sherwood\u2019s best game in a teal uniform. He caused a Canadiens turnover to help set up Wennberg for a second-period goal, and his goal late in the third period proved to be the game-winner as the Sharks earned their third straight win.<\/p>\n

The #SJSharks<\/a> signed 30 y\/o F Kiefer Sherwood to a 5 year $5.75M extension<\/p>\n

Yr 1 & 2: $4.5M Salary, $2.5M Signing Bonus
Yr 3: $4.15M, $2M
Yr 4: $2.4M, $2M
Yr 5: $4.2M <\/p>\n

Yr 1: NTC, Yr 2: 16 NTC, Yr 3: 13 NTC, Yr 4: 10 NTC, Yr 5: 5 NTC<\/p>\n

Rep’d by Judd Moldaver @wassermanhockey<\/a>\u2026<\/p>\n

\u2014 PuckPedia (@PuckPedia) March 4, 2026<\/a><\/p>\n

\u00a0<\/p>\n

The Sharks (30-25-4) acquired Sherwood, who turns 31 later this month, from the Vancouver Canucks in January with the hope of keeping him past this season. It was just a matter of whether the two sides could reach an agreement on an extension, one that would give signifcantly increase Sherwood\u2019s cap hit, as he is in the final year of a two-year, $3 million deal that carries an AAV of $1.5 million.<\/p>\n

Shortly after the Sharks acquired Sherwood, though, there were reports that the two sides were far apart in early contract extension talks, as the winger sought a deal that would pay him around $30 million.<\/p>\n

That\u2019s close to what Sherwood got, as he received life-changing money after he spent most of his first six seasons as a professional splitting time between the NHL and AHL with three different organizations in Anaheim, Colorado, and Nashville.<\/p>\n

\u201cHopefully things will take care of itself sooner than later,\u201d Sherwood told Bay Area News Group on Tuesday. \u201cMy focus has just been on playing, and I trust (agent Judd Moldaver). He\u2019s going to take care of everything like that. I\u2019ve got a lot of faith in him for whatever happens.<\/p>\n

\u201cI\u2019m just focused on playing.\u201d<\/p>\n

Sherwood is also focused on helping the Sharks make the playoffs. Tuesday\u2019s win, their third straight, kept the Sharks, who have 64 points, within three points of a playoff spot with 24 games to go. San Jose has games in hand on every team ahead of it in the Western Conference standings, including the Edmonton Oilers, who have 68 points in 62 games.<\/p>\n

The Sharks are 3-1-0 on their six-game homestand that concludes with games against the St. Louis Blues on Friday and the New York Islanders on Saturday.<\/p>\n

Please check back for updates on this story.<\/p>\n

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