San Jose Sharks forward Macklin Celebrini has signed a five-year contract extension worth $94 million, general manager Mike Grier announced. The extension, beginning with the 2027-28 season and running through 2031-32, will give Celebrini an average annual value of $18.8 million, making him the highest-paid player in the NHL.

The No. 1 pick in the 2024 draft, Celebrini set a Sharks franchise record with 115 points last season and was a finalist for the Ted Lindsay Award. He had been eligible to sign an extension as he entered the final year of his entry-level contract.

"I couldn't be happier to sign an extension today," Celebrini stated. "The faith and support... is proof that we are building something special here." He expressed his desire to help bring a Stanley Cup to San Jose. Grier added, "In just two seasons... Macklin has established himself as one of the premier players in the world. We are extremely excited to have him secured and committed."

Celebrini has accumulated 178 points in 152 games with the Sharks. His 115 points in 2025-26 were the third most by a teenager in NHL history, behind Wayne Gretzky and Sidney Crosby. He is a key piece of the Sharks' developing young core.