San Jose Sharks' 3 Worst Contracts of 2023-24

The San Jose Sharks have had a horrible season, but for a rebuilding team, that isn't a bad thing. The organization hopes it leads to good things. Due to the rebuild and having traded away a number of their top players, there are some bad contracts that still remain.

Kevin Labanc

Kevin Labanc was a key secondary scorer when the Sharks were a very good team over three years ago, but since the talent started to be traded away and Labanc had already been paid for the job he did, things went downhill very quickly. While he is only 28 years old, his ice time has dropped nearly three minutes per game this season from last, he is either a healthy scratch or a fourth line player, and he has just two goals and nine points in 41 games. Fortunately for the Sharks, his $4.725 million AAV contract ends after this season.

Marc-Edouard Vlasic

It wasn't long after Marc-Edouard Vlasic got a long-term deal for all his years of great service to the Sharks that his game started to fall off with age. There was a time when he was one of, if not the most dominant defensive defenseman in the game and also added a bit of offense each season. To stay a Shark for life, he signed an eight-year, $7 million AAV deal that still has two more years on it after this. Being in a rebuild, the Sharks will have to hold onto it for the remainder.

Mike Hoffman

Mike Hoffman came over from the Montreal Canadiens in the three-team Erik Karlsson deal and while he hasn't done horrible, he hasn't been great either for the money he is getting. Hoffman is in the last year of his deal at $4.5 million AAV and has 10 goals and 22 points in 61 games. As he's 34 years old now, his game has fallen off from where it used to be years ago scoring 25+ goals seamlessly.