The report suggest they would leave the SAP Center but they wouldn't venture too far from San Jose:
Even if the #Sharks 🇺🇸 have to move out of San Jose due to the new SAP Center agreement, they will remain in the Bay Area.
On July 1st, 2025, the San Jose Sharks' arena management agreement with the city of San Jose changes, «unfavorably» for the Sharks, according to the Sharks' president Jonathan Becher.
The top options would likely be San Francisco or Oakland, but the team will push hard to remain in San Jose.
Another report for NHL insider Sheng Peng, reports that the team and the SAP Center's agreement is not working out, as it's not �team friendly'.
Without a doubt, If the Sharks were to relocate it would leave many local fans upset.