The Seattle Kraken are reportedly finalizing a four-year contract extension with defenseman Adam Larsson, with an average annual value of $5.25 million. This extension comes as Larsson approaches the final season of his current $16 million contract, which he signed in 2021. Despite some debate over his ranking among the team's defensemen, Larsson has been a key player, serving as an assistant captain and contributing significantly to the team's performance with 18 points last season. The new contract will keep him with the Kraken until the end of the 2028-29 season, marking a commitment to his role in the team's future. Analysts suggest that while Larsson's contract may raise questions about overall team spending, his defensive skills are crucial for the Kraken's aspirations to strengthen their playoff competitiveness. His potential candidacy for team captaincy in the future has also been mentioned as part of the team's plans.