Knyzhov, listed at 6-foot-3 and 222 pounds, was selected as the Sharks' rookie of the year for the pandemic-shortened 2020-2021 season after he had 10 points in 56 games.
The Sharks will carry approximately $7.58 million in dead money this season due to retained salaries, buyouts, but still have over $31 million in cap space.
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