His remarkable 101-point campaign showcased his unrivaled talent and solidified his position among the elite d-men in the league.
However, despite Karlsson's extraordinary efforts, the San Jose Sharks were unable to secure a spot in the postseason, leading them to actively explore options to trade the seasoned 33-year-old.
The Sharks' decision to potentially part ways with Karlsson is not solely based on his on-ice prowess, but also influenced by the substantial cap hit associated with his contract. For the upcoming 2023-24 season, Karlsson is slated to earn a salary of $11,500,000, which carries a corresponding cap hit of the same amount.
It's important to note that his salary structure consists of $1,000,000 in signing bonuses, supplemented by a base salary of $10,500,000. Overall, Karlsson's lucrative contract, amounting to a staggering $92,000,000, was initiated in the 2019-20 season and extends all the way through to the conclusion of the 2026-27 campaign.
As of the latest update on June 16, 2023, the San Jose Sharks are actively engaging with Erik Karlsson in their efforts to secure a new team for him during the offseason. The organization is determined to navigate the intricate trade landscape to find a suitable destination that can accommodate Karlsson's exceptional skills and sizable contract
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