What happened: Graf entered the offseason as a restricted free agent. The contract runs through the 2028-29 season.
Why it matters: The deal keeps a top-nine winger with the San Jose Sharks for the start of 2026-27. Its short-term structure preserves roster continuity without a long commitment.
By the numbers: The $12.75 million total carries a $4.25 million average annual value.
What to watch: Training camp will determine Graf's place in San Jose's 2026-27 forward group.