The San Jose Sharks signed Celebrini to a five-year, $94 million extension carrying an annual average value of $18.8 million, making the 20-year-old the NHL's highest-paid player. As another young franchise cornerstone, Schaefer naturally enters the conversation whenever record-setting contracts are signed. But Celebrini's deal probably isn't the contract the New York Islanders should be watching most closely. Breaking: The Sharks have signed forward Macklin Celebrini to a five-year contract extension worth $18.8 million AAV, the team announced. At the moment, Chicago's Bowen Byram holds the distinction of being the league's highest-paid defenseman after signing a six-year contract worth $12.5 million annually.