Erik Karlsson

Pittsburgh Penguins, Defenseman
Age: 33-341d (May 30, 1990)
Exp: 13 Years
Country: SE
College: Frolunda
Drafted: Round 1 (#15 overall), 2008
2024-25 Cap Hit

$11,500,000

2024-25 Cash

$11,000,000

Career Earnings

$122,429,878

2019-2026 Extension (CURRENT)

Erik Karlsson signed a 8 year , $92,000,000 contract with the San Jose Sharks, including $53,000,000 signing bonus, $92,000,000 guaranteed, and an average annual salary of $11,500,000. In 2024-25, Karlsson will earn a base salary of $10,000,000 and a signing bonus of $1,000,000, while carrying a cap hit of $11,500,000.

Contract Terms:
8 yr(s) / $92,000,000
Average Salary:
$11,500,000
Signing Bonus:
$53,000,000
Free Agent:
2027 / UFA
Year Age Option/Status Base Salary Signing Proration Cap Hit Cap % League Cap
2019-20 29
NMC
Injured
 $3,500,000 $11,000,000 $11,500,000 14.11%
2020-21 30
NMC
 $2,000,000 $10,000,000 $11,500,000 14.11%
2021-22 31
NMC
 $5,500,000 $9,000,000 $11,500,000 14.11%
2022-23 32
NMC
 $2,000,000 $10,000,000 $11,500,000 13.94%
2023-24 33
NMC
 $10,500,000 $1,000,000 $11,500,000 13.77%
2024-25 34
NMC
 $10,000,000 $1,000,000 $11,500,000 13.11%
2025-26 35
NMC
 $4,000,000 $5,000,000 $11,500,000 12.50%
2026-27 36
NMC
 $1,500,000 $6,000,000 $11,500,000 -
2027-28 37
UFA
Accrued Dead Cap
2023 33 - - $1,500,000 -
2024 34 - - $1,500,000 -
2025 35 - - $1,500,000 -
2026 36 - - $1,500,000 -
Year Age Status Base Salary Signing Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2019 29
Injured
 $3,500,000 $11,000,000 $14,500,000 $14,500,000 $14,500,000 $11,500,000
2020 30 $2,000,000 $10,000,000 $12,000,000 $26,500,000 $13,250,000 $11,071,429
2021 31 $5,500,000 $9,000,000 $14,500,000 $41,000,000 $13,666,667 $10,916,667
2022 32 $2,000,000 $10,000,000 $12,000,000 $53,000,000 $13,250,000 $10,200,000
2023 33 $10,500,000 $1,000,000 $11,500,000 $64,500,000 $12,900,000 $9,750,000
2024 34 $10,000,000 $1,000,000 $11,000,000 $75,500,000 $12,583,333 $9,166,667
2025 35 $4,000,000 $5,000,000 $9,000,000 $84,500,000 $12,071,429 $8,250,000
2026 36 $1,500,000 $6,000,000 $7,500,000 $92,000,000 $11,500,000 $7,500,000
Source: NHL contract specifics generally collected from verified reports.

2012-2018

Erik Karlsson signed a 7 year , $45,500,000 contract with the Ottawa Senators, including $45,500,000 guaranteed, and an average annual salary of $6,500,000.

Contract Terms:
7 yr(s) / $45,500,000
Average Salary:
$6,500,000
Signing Bonus:
N/A
Free Agent:
2019 / UFA
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2009-2011 Rookie

Erik Karlsson signed a 3 year , $3,900,000 contract with the Ottawa Senators, including $262,500 signing bonus, $3,900,000 guaranteed, and an average annual salary of $1,300,000.

Contract Terms:
3 yr(s) / $3,900,000
Average Salary:
$1,300,000
Signing Bonus:
$262,500
Free Agent:
2012 / RFA
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Career Earnings thru 2024

$122,429,878

Career Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2009 19
Active
$875,000
$875,000
2010 20
Active
$875,000
$1,750,000
2011 21
Active
$875,000
$2,625,000
2012 22
Active
$3,804,878
$6,429,878
2013 23
Active
$5,500,000
$11,929,878
2014 24
Active
$6,500,000
$18,429,878
2015 25
Active
$7,000,000
$25,429,878
2016 26
Active
$7,000,000
$32,429,878
2017 27
Active
$7,000,000
$39,429,878
2018 28
Active
$7,500,000
$46,929,878
2019 29
Injured
$14,500,000
$61,429,878
2020 30
Active
$12,000,000
$73,429,878
2021 31
Active
$14,500,000
$87,929,878
2022 32
Active
$12,000,000
$99,929,878
2023 33
Active
$11,500,000
$111,429,878
2024 34
Active
$11,000,000
$122,429,878
Total      
$122,429,878
$122,429,878
2025 35
Active
$9,000,000
$131,429,878
2026 36
Active
$7,500,000
$138,929,878
Total
$138,929,878
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2009
19
$787,500
$87,500
$875,000
$875,000
2010
20
$787,500
$87,500
$875,000
$1,750,000
2011
21
$787,500
$87,500
$875,000
$2,625,000
2012
22
$2,804,878
$1,000,000
$3,804,878
$6,429,878
2013
23
$5,500,000
$5,500,000
$11,929,878
2014
24
$6,500,000
$6,500,000
$18,429,878
2015
25
$7,000,000
$7,000,000
$25,429,878
2016
26
$7,000,000
$7,000,000
$32,429,878
2017
27
$7,000,000
$7,000,000
$39,429,878
2018
28
$7,500,000
$7,500,000
$46,929,878
2019
29
$3,500,000
$11,000,000
$14,500,000
$61,429,878
2020
30
$2,000,000
$10,000,000
$12,000,000
$73,429,878
2021
31
$5,500,000
$9,000,000
$14,500,000
$87,929,878
2022
32
$2,000,000
$10,000,000
$12,000,000
$99,929,878
2023
33
$10,500,000
$1,000,000
$11,500,000
$111,429,878
2024
34
$10,000,000
$1,000,000
$11,000,000
$122,429,878
Total
$79,167,378
$43,262,500
$122,429,878
$122,429,878
2025
35
$4,000,000
$5,000,000
$9,000,000
$131,429,878
2026
36
$1,500,000
$6,000,000
$7,500,000
$138,929,878
Total
$84,667,378
$54,262,500
$138,929,878

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
9 $38,167,378 $1,262,500 - $39,429,878
5 $20,500,000 $40,000,000 - $60,500,000
1 $10,500,000 $1,000,000 - $11,500,000
  • Aug 06, 2023 Traded to Pittsburgh (PIT) from San Jose (SJS) as part of a 3-team trade: Pittsburgh (PIT) traded 2025 2nd round pick, Jeff Petry, Casey DeSmith and Nathan Legare to Montreal (MTL); Pittsburgh (PIT) traded 2024 1st round pick, Mikael Granlund and Jan Rutta to San Jose (SJS); Montreal (MTL) traded Rem Pitlick to Pittsburgh (PIT); Montreal (MTL) traded Mike Hoffman to San Jose (SJS); San Jose (SJS) traded Dillon Hamaliuk and 2026 3rd round pick to Pittsburgh (PIT)
  • Jun 17, 2019 Signed an 8 year $92 million contract extension with San Jose (SJS)
  • Dec 23, 2018 Suspended 2 games for an illegal Check to the head against Austin Wagner (LAK), forfeiting $69,892 in 2018-19 salary with San Jose (SJS)
  • Sep 13, 2018 Traded to San Jose (SJS) from Ottawa (OTT) with Francis Perron for 2020 1st round pick, Chris Tierney, Josh Norris, Rudolfs Balcers, Dylan Demelo and 2019 2nd round pick (#44)
  • Jun 19, 2012 Signed a 7 year $45.5 million contract with Ottawa (OTT)
  • May 07, 2009 Signed a 3 year $3.9 million contract with Ottawa (OTT)
  • Jun 20, 2008 Drafted by Ottawa (OTT): Round 1 (#15 overall)

Fines

Date Reason Fine Amount
Mar 04, 2012 Slashing Sean Bergernheim (FLA) $2,500

Suspensions

Date Reason Games Suspended Fine Amount
Dec 23, 2018 Check to the head against Austin Wagner (LAK) 2 $69,892
Year Team GP G A PTS +/- SOG PPG PPA SHG SHA Blk Hit PIM FO Won
2023 PIT 82 11 45 56 4 214 2 15 0 0 99 38 44 0
2022 SJ 82 25 76 101 -26 209 5 22 0 0 90 33 36 0
2021 SJ 50 10 25 35 -14 117 0 10 0 0 45 18 14 0
2020 SJ 52 8 14 22 -18 110 3 5 0 1 69 20 18 0
2019 SJ 56 6 34 40 -15 120 1 12 1 0 74 26 16 0
2018 SJ 53 3 42 45 6 169 2 18 0 0 69 43 22 0
2017 OTT 71 9 53 62 -25 196 3 15 0 1 120 58 36 0
2016 OTT 77 17 54 71 10 218 4 23 0 2 201 67 28 0
2015 OTT 82 16 66 82 -3 248 1 25 0 0 175 84 50 0
2014 OTT 80 21 44 65 8 282 6 24 0 0 84 93 42 0
2013 OTT 78 18 50 68 -17 247 5 25 0 0 91 117 34 0
2012 OTT 17 6 8 14 8 79 0 0 0 0 14 10 8 0
2011 OTT 73 18 53 71 17 235 0 0 0 0 59 55 42 0

THE SPOTRAC PODCAST

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The Falcons' QB Conundrum, Exploding WR Demand, & a 1st Round Recap

Mike Ginnitti & Dan Soemann recap the 1st Round of the 2024 NFL Draft, including thoughts surrounding Atlanta's eye-popping QB selection, Buffalo's double trade back, San Francisco's next play, & a wide receiver market that won't stop expanding.

TRANSACTIONS

Aug 06, 2023
Traded to Pittsburgh (PIT) from San Jose (SJS) as part of a 3-team trade: Pittsburgh (PIT) traded 2025 2nd round pick, Jeff Petry, Casey DeSmith and Nathan Legare to Montreal (MTL); Pittsburgh (PIT) traded 2024 1st round pick, Mikael Granlund and Jan Rutta to San Jose (SJS); Montreal (MTL) traded Rem Pitlick to Pittsburgh (PIT); Montreal (MTL) traded Mike Hoffman to San Jose (SJS); San Jose (SJS) traded Dillon Hamaliuk and 2026 3rd round pick to Pittsburgh (PIT)
Jun 17, 2019
Signed an 8 year $92 million contract extension with San Jose (SJS)
Dec 23, 2018
Suspended 2 games for an illegal Check to the head against Austin Wagner (LAK), forfeiting $69,892 in 2018-19 salary with San Jose (SJS)
Sep 13, 2018
Traded to San Jose (SJS) from Ottawa (OTT) with Francis Perron for 2020 1st round pick, Chris Tierney, Josh Norris, Rudolfs Balcers, Dylan Demelo and 2019 2nd round pick (#44)
Jun 19, 2012
Signed a 7 year $45.5 million contract with Ottawa (OTT)
May 07, 2009
Signed a 3 year $3.9 million contract with Ottawa (OTT)
Jun 20, 2008
Drafted by Ottawa (OTT): Round 1 (#15 overall)

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