Pavol Regenda’s still unsigned for 2026-27, but the Sharks locked in Macklin Celebrini — a savvy move as GMs scramble amid soaring salaries. Celebrini’s five-year deal, worth $800K more than Leo Carlson’s, reflects his elite play: 115 points last season and standout Olympic performance. With 31 teams likely to chase him if he hit free agency, signing now was smart. The trend? Player pay is only accelerating — especially for rising stars.

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