2:09 p.m.: PuckPedia has confirmed the details of Musty’s entry-level deal, which carries the ELC maximum cap hit of $950K:
Year 1: $855K NHL salary, $95K signing bonus, $82.5K minors salary
Year 2: $855K NHL salary, $95K signing bonus, $82.5K minors salary
Year 3: $855K NHL salary, $95K signing bonus, $82.5K minors salary, $250K Schedule ’A’ performance bonus
1:46 p.m.: The San Jose Sharks have signed left wing and 2023 first-round pick Quentin Musty to a three-year, entry-level contract, per a team release. San Jose will likely return Musty to junior hockey before opening night rosters are due, but they’ll do so with a contract in hand for one of their better forward prospects.
This is Musty’s first NHL training camp after the Sharks selected him 26th overall in June. He is, perhaps, the largest piece of the trade return received from the New Jersey Devils in exchange for forward Timo Meier in February – the pick they used on Musty originally belonged to New Jersey.
Born in Hamburg, New York, and a graduate of the Buffalo Sabres’ youth program, Musty spent last season as an alternate captain for the OHL’s Sudbury Wolves in his second season with the team. He potted 26 goals in 53 games, adding 52 assists for 78 points alongside 71 penalty minutes and a +16 rating. The well-rounded winger stands at 6-foot-2 and 201 pounds and was named to the OHL’s second All-Rookie Team in 2021-22.
Despite signing him to his entry-level contract now, returning Musty to Sudbury will slide the start of his contract to the 2024-25 campaign. Given Musty’s age, the Sharks can execute this maneuver twice – should he play less than ten NHL games in 2024-25 as well, his contract would then start in 2025-26 and run through 2027-28.