I think the deal would have the Sharks retaining about $2 million and a third team retaining about $1 million, which would get Karlsson down to $8.5 million. In total, I think a reasonable deal would look like this:
-Penguins get Karlsson at $8.5 million
-Sharks get Petry, Granlund, Smith, Pickering and a 2024 1st
-Team C gets a 2025 2nd for retaining an additional $1 million on Karlsson
It looks like a lot of value, but I think it would look something like this. I don't think Ty Smith has a spot on the team anymore (with a potential Karlsson addition that is), so including him makes a lot of sense.