San Jose Sharks center Macklin Celebrini has agreed to a record five-year contract extension, giving the franchise one of the biggest long-term commitments in the NHL. The team announced the deal, which is set to begin with the 2027-28 season.

Celebrini's new contract will carry an average annual value of $18.8 million, according to the deal details provided. That figure makes him the league's highest-paid player on a yearly basis.

The new benchmark moves past the $18 million average tied to Anaheim's Leo Carlsson, setting a new top mark for NHL salary averages. The agreement is another major sign of how highly San Jose values Celebrini as a centerpiece of its future.

With the extension now in place, the Sharks have secured their star center on a contract that stands out across the league for both length and annual pay. The deal places Celebrini at the front of the NHL salary scale as San Jose looks ahead to the seasons beyond 2027-28.