Various sources today report the San Jose Sharks have re-signed defenseman Brent Burns, whom they acquired in a trade at the June entry draft with Minnesota, to a five-year contract extension. Burns was eligible for UFA status next July. The San Jose Mercury News reports the new deal is worth around $28.75 million, or an average cap hit of $5.75million, with no signing bonus and no front-loading.
SPECTOR’S NOTE: Interesting move by Sharks GM Doug Wilson, getting Burns re-signed before he’s even played his first shift as a Shark. Not that Burns isn’t worth re-signing, but it’s apparent both sides wanted to get this out of the way this summer, rather than have it linger throughout the upcoming season. It also perhaps shows a willingness on the Burns camp to get a deal done before next summer, when uncertainty over the outcome of the next round of CBA talks undoubtedly would have had an impact upon his contract situation.
**Update** This move will leave the Sharks with over $52 million invested in 12 players for the 2012-13 season.