Sharks Acquire Brent Burns from Wild for Setoguchi, Coyle

The San Jose Sharks announced on Friday evening that they have acquired defenseman Brent Burns and a second round pick in the 2012 Entry Draft from the Minnesota Wild in exchange for right wing Devin Setoguchi, prospect right wing Charlie Coyle, and their first round pick in the 2011 Entry Draft. The Wild used the first round pick to draft center Zack Phillips. Burns will be an unrestricted free agent next summer, while Setoguchi just signed a three-year, $9 million contract extension. Coyle has yet to sign a standard entry-level contract. In 80 games last season with the Wild, Burns had 17 goals and 29 assists for 46 points and 98 penalty minutes, while Setoguchi had 22 goals and 19 assists for 41 points in 72 games with the Sharks. Coyle appeared in 37 games with Boston University, scoring seven goals and 19 assists for 26 points. Not a bad move for the Sharks and Wild, as all three players involved in the trade will satisfy needs for both teams. San Jose gets a very strong offensive blueliner in Burns who should be an excellent fit alongside Dan Boyle even though they paid a steep price to acquire him. Setoguchi will bring some much-needed offensive depth and goal-scoring skill to the Wild's lineup despite being a bit inconsistent in his scoring. Coyle gives Minnesota a decent offensive prospect, but he is still a few seasons away from seeing any NHL action.

Sharks Sign Devin Setoguchi to Three-Year Extension

The San Jose Sharks announced on Thursday that they have signed right wing Devin Setoguchi to a three-year contract extension worth $9 million. The deal will average out to $3 million per season. He would have been a restricted free agent on July 1. In 72 games last season, he had 22 goals and 19 assists for 41 points. This is a decent signing for the Sharks, as Setoguchi has plenty of offensive and goal-scoring skill despite being a bit inconsistent. Look for Setoguchi to improve his consistency in the off-season to better his offensive output in 2011-12. If he can improve his offensive output, his $3 million per season could end up being a bargain.

Sharks Re-Sign Setoguchi, Joslin; Add Mayers

The San Jose Sharks have announced that they have re-signed right wing Devin Setoguchi to a one-year contract worth $1.8 million and defenseman Derek Joslin to a one-year contract. The team also announced that they have signed right wing Jamal Mayers to a one-year contract. The financial terms of Joslin's and Mayers' contracts were not disclosed. These aren't bad signings for the Sharks, as all three players bring sufficient depth to the club at their respected positions. Setoguchi brings plenty of offensive and goal-scoring skill, as well as speed to the lineup, while Mayers brings some much needed grit and toughness to the forward lines. Joslin has plenty of puck-moving skill and offensive potential, but may have to fight for a roster spot at training camp given the Sharks' depth on defense for next season.