The San Jose Sharks might be rooting for Evander Kane this post-season. No, really.
Kane leads the NHL with 13 playoff goals, his sights set on a plethora of post-season milestones. Let’s get to those records in a second – let’s talk first about how the Sharks could benefit from the now-Edmonton Oilers winger continuing to light the lamp this spring.
In January, the Sharks terminated the remainder of Evander Kane’s contract, a little more than three years and $22.9 million dollars left on it. The termination meant that the Sharks owed the scandal-ridden winger no money, and also wiped his cap hit, $7 million Annual Average Value through 2024-25, off the books.
The NHLPA, however, was quick to file a grievance on Kane’s behalf. An arbitrator heard the case in April, with another hearing date to be scheduled once the Oilers’ playoff run is over.
At stake is the entirety of Kane’s contract, both money owed and the cap hit. In short, it’s all or nothing for both the Sharks and Evander Kane. The Sharks win and the termination is upheld, they’re free and clear of all obligations to Kane. Kane wins and the termination is overturned, the Sharks owe him the balance of his contract.
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