Report: Sharks willing to take on cap hit in exchange for assets
The San Jose Sharks are open for cap relief.
The club has more than $6 million in cap space and is looking to use it as leverage to obtain assets ahead of the April 12 trade deadline, The Athletic's Pierre LeBrun reports.
San Jose sits seventh in the West Division past the midway point of the season and is likely to miss the playoffs. The Sharks haven't fallen short of the postseason in consecutive campaigns since 1996-97.
The salary cap remained flat in 2020-21 due to the COVID-19 pandemic, which has made it difficult for many general managers to facilitate moves to improve their clubs.
Sharks general manager Doug Wilson admitted earlier in March that the team was heading toward an organizational reset.
The Sharks don't own a second-round pick in the 2021 draft due to the Erik Karlsson trade. They also dealt their fifth-rounder in 2022 for netminder Devan Dubnyk.