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Erik Karlsson contract

#65DefenseAge 36Pittsburgh Penguins
Cap hit 2026-27
$11.50M$11,500,000
SJSSan Jose Sharks · Jun 2019 – Aug 6, 2023PITPittsburgh Penguins · Aug 2023 – present
NMCNo-movement clause

8 years · $92.0M total

Year 8 of 8 · expires after 2026-27 as a UFA at age 37

Contract timeline

UFA 2027 · age 37

2026-27 · PIT · Cap hit $11.50M · Salary $7.50M · NMC

Annual pay vs. cap hit

19/20: pay $14,500,000, cap hit $11,500,000$14.5M19/2020/21: pay $12,000,000, cap hit $11,500,000$12.0M20/2121/22: pay $14,500,000, cap hit $11,500,000$14.5M21/2222/23: pay $12,000,000, cap hit $11,500,000$12.0M22/2323/24: pay $11,500,000, cap hit $11,500,000$11.5M23/2424/25: pay $11,000,000, cap hit $11,500,000$11.0M24/2525/26: pay $9,000,000, cap hit $11,500,000$9.0M25/2626/27: pay $7,500,000, cap hit $11,500,000$7.5M26/27
Total pay (darker: salary, lighter: signing bonus) Cap hit

Paid most heavily in the early years: $14.5M in 2019-20, dropping to $7.5M in the final season.

Year by year

Erik Karlsson contract by season
Season2019-202020-212021-222022-232023-242024-252025-262026-27
TeamSJSSJSSJSSJSPITPITPITPIT
Cap hit$11.50M$11.50M$11.50M$11.50M$11.50M$11.50M$11.50M$11.50M
% of cap14.1%14.1%14.1%13.9%13.8%13.1%12.0%11.1%
Total salary$14.50M$12.00M$14.50M$12.00M$11.50M$11.00M$9.00M$7.50M
Base salary$3.50M$2.00M$5.50M$2.00M$10.50M$10.00M$4.00M$1.50M
Signing bonus$11.00M$10.00M$9.00M$10.00M$1.00M$1.00M$5.00M$6.00M
Perf. bonus$0K$0K$0K$0K$0K$0K$0K$0K
Minors salary$14.50M$12.00M$14.50M$12.00M$11.50M$11.00M$9.00M$7.50M
ClauseNMCNMCNMCNMCNMCNMCNMCNMC

Signed Jun 17, 2019 with SJS. Source announcement

Contract history

OTTStandard · 2012-13 to 2018-197 years · $6.50M AAV · signed Jun 19, 2012
Contract 2012-13 to 2018-19 by season
Season2012-132013-142014-152015-162016-172017-182018-19
TeamOTTOTTOTTOTTOTTOTTSJS
Cap hit$6.50M$6.50M$6.50M$6.50M$6.50M$6.50M$6.50M
% of capcap not set yetcap not set yetcap not set yetcap not set yetcap not set yetcap not set yet8.2%
Total salary$5.00M$5.50M$6.50M$7.00M$7.00M$7.00M$7.50M
Base salary$4.00M$5.50M$6.50M$7.00M$7.00M$7.00M$7.50M
Signing bonus$1.00M$0K$0K$0K$0K$0K$0K
Perf. bonus$0K$0K$0K$0K$0K$0K$0K
Minors salary$5.00M$5.50M$6.50M$7.00M$7.00M$7.00M$7.50M
Clause—————M-NTCM-NTC

Signed Jun 19, 2012 with OTT. Source announcement

OTTEntry-level · 2009-10 to 2011-123 years · $875K AAV · signed May 7, 2009
Contract 2009-10 to 2011-12 by season
Season2009-102010-112011-12
TeamOTTOTTOTT
Cap hit$875K$875K$875K
% of capcap not set yetcap not set yetcap not set yet
Total salary$875K$875K$875K
Base salary$788K$788K$788K
Signing bonus$88K$88K$88K
Perf. bonus$425K$425K$425K
Minors salary$65K$65K$65K
Clause———

Signed May 7, 2009 with OTT. Source announcement