On Thursday, the Sharks took care of one of their top offseason priorities by signing defenseman Mario Ferraro to a four-year deal.
Ferraro, 23, was a restricted free agent but is now signed for the 2025-26 NHL season.
Sheng Peng of San Jose Hockey Now reported that the average annual value of a deal with Ferraro is $3.25 million. The AAV of his recently expired entry-level contract was $1,137,500 million.
“Mario has shown that he is a dynamic and reliable defender for our club, playing top-level minutes every night against the best opponents and showing solid results,” Sharks general manager Mike Grier wrote in a statement released by the team. “His energy and work ethic is the reason why he achieved so much early in his career and we look forward to seeing him continue to grow and increase his role within the team.”
Selected in the second round of the 2017 NHL Entry Draft, Ferraro quickly rose to the top of the Sharks locker room, earning the role of alternate captain in the 2021–22 season.
In 63 games last season, Ferraro scored two goals and made 12 assists. He missed five weeks from late February to early April due to a fractured left fibula. The initial diagnosis should have been keep it away from 6-8 weeks but he managed to come back a week early.
San Jose where ferraro wanted to beand this was clearly given by his agent in February. Now the Toronto, Ontario native is getting his wish.
The Sharks went through major changes this offseason, hiring David Quinn as their new coach and Grier as their new general manager. Brent Burns has been sold. And while it may signal a rebuild, the goal remains to create a rival in San Jose.
Ferraro stated in his final interview after last season that he wants to help The Sharks won the Stanley Cupand his new contract allows him to be a major part of a potential South Bay championship team.