The Sharks have signed Luca Cagnoni, one of the organization’s top defense prospects, to an entry-level contract. It’s a three-year deal for the 19-year-old, per the team. The contract carries an $895K cap hit with the following breakdown, PuckPedia reports:
2024-25: $775K base salary, $95K signing bonus, $80K games played bonus
2025-26: $800K base salary, $95K signing bonus, $55K games played bonus
2026-27: $825K base salary, $95K signing bonus, $30K games played bonus
Since Cagnoni will turn 20 before January 1, 2025, he is not eligible for an entry-level slide. His contract will begin next season regardless of how many NHL games he plays.
Viewed as a potential late first-round selection in the 2023 draft, Cagnoni fell all the way to the fourth round, where the Sharks snapped him up with the 123rd overall pick, acquired from the Kraken for depth defenseman Jaycob Megna. Seattle had previously acquired the pick from the Avalanche in exchange for Kurtis MacDermid.
Now, it looks like a difficult trade to stomach for both teams that passed up the pick. Cagnoni had an electric post-draft season for the Western Hockey League’s Portland Winterhawks, leading the league in assists (72) and points (90) by a defenseman in 65 games. But despite posting the best offensive season by a WHL blue liner in 30 years, he wasn’t named one of the four finalists for their Defenseman of the Year award, passed over in favor of Avalanche prospect Graham Sward as the U.S. Division nominee.
Size remains Cagnoni’s main limitation. NHL teams were universally cautious about his 5’9″ frame, and he doesn’t have the elite defensive awareness to compensate for his lack of ability to box out larger opponents.
Still, he’s an incredible offensive threat who also put up nearly a point per game with Portland in his draft year. 2020 first-round pick Shakir Mukhamadullin, acquired from the Devils in last year’s Timo Meier trade, takes the cake as the organization’s top overall defense prospect after a strong season in the AHL, but Cagnoni has the highest ceiling in terms of point production of any defender in the San Jose system.
His December birthday also means he’s eligible for assignment to AHL San Jose next season, a likely scenario given he has nothing left to prove in juniors. He had 13 points in 13 playoff games as the Winterhawks advanced to the WHL championship but lost to the Moose Jaw Warriors in a sweep.
Cagnoni’s deal will expire after the 2026-27 season, at which point he’ll be a restricted free agent.