By Justin Worsley
The San Jose Sharks have signed center Joe Thornton to a three-year, $21 million extension on Saturday.
Thornton, the team's captain, was slated to be a free agent next season and the six-time All-Star would have been the biggest name on the market.
Since arriving to San Jose in 2005, Thornton has been a key to the Sharks run at three consecutive division titles between 2007-10. In the 2008-09 season, San Jose had the best record in the NHL, going 53-18-11. Last season, the Sharks advanced to the second conference final in franchise history.
Thornton was second in the NHL last season with 69 assists. So far this season, Thornton has notched in two goals and an assist.
San Jose is an early favorite to win the Stanley Cup, much in part due to Thornton and new goaltender Antti Niemi, who won the Cup last season with Chicago.
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