NHL

Sharks sign D Karlsson for 8 years, $92M

(AP Photo/Josie Lepe, File)

SAN JOSE, Calif. (AP) The San Jose Sharks took a risk when they traded for elite defenseman Erik Karlsson knowing he had only one year left on his contract. They sat patiently as he learned about the organization and area during an injury-plagued season and were rewarded when Karlsson decided not to hit the open market.

The Sharks then pounced and signed Karlsson to a $92 million, eight-year deal on Monday, turning a one-year rental into a long-term commitment to one of the league's most dynamic defensemen.

"This was a big decision for me," Karlsson said. "Ultimately at the end of the day, I know it's the right one for me, my family and this organization as well. I'm very happy with how everything happened and that they didn't force me into making a decision earlier than this."

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