San Jose Sharks
UPDATED: Why Might Kane’s Playoff Success Be Good for Sharks?
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.
Read The Entire Article at NBC Sports Bay Area
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i hate compromising with degenerates like Kane. if the Sharks are forced to take him back, i say bury him in the minors and don’t play him…ever. make him sit out the remaining time on his contract and see whether or not he’s more interested in a mutual termination of his contract so he can go make money elsewhere. don’t reward him 1 bit.
You can play chicken with him (by burying him), but it may come at the cost of the team next year — it’s a big ask for a team that says they want to win next year
buying him out is longer term pain. bite the bullet and make him gamble with his career. can EK9 afford to not play hockey for 3 years?
buyout of Kane
3.67
2.67
4.67
1.67
1.67
1.67
total = $16M
The Sharks could buy him out, and that would solve the Oilers cap problems
If u burry him you only save 1.05 million on the cap him n he still gets almost 6 million a year. He will still get his money
for half the time. he’s 30. he can’t afford to not play for 3 seasons. if he’s returned to the Sharks make him sit out and come to the realization that it’s best for him to agree to a mutual contract termination. he can then capitalize on his performance with the Oil and sign a big fat multi-year deal with them or someone else desperate enough to take on his baggage.
Sheng,
Could we get some clarity on this situation?? Can Kane be “assigned” back to us? Can he sign a league minimum and screw us??
I’m concerned about either. Thank you.
That’s all I’ve been doing, trying to get clarity haha — but it’s not there yet, per the Daly quote
If his contract is reinstated wouldn’t he *now* be a very tradeable asset…? I feel like they could get a haul for him
Certainly more so than he was in January, but he has a 3-team trade clause, so he will be in a lot of control. I’m not sure if those 3 teams will be anywhere that he can actually get traded to — I suspect his best financial move is to force a buyout, become a free agent, then get paid again.
F that! if the Sharks do that, they’d be setting a horrible precedent. this tool is lucky he’s not behind bars from the sounds of things. he’s been in breech of his contract on multiple occasions and he’s given the Sharks brand a black eye with his antics. allowing him to double dip would be a kick in the pills. and screw the league as well. they concurred with the Sharks justification to terminate him. they shouldn’t have allowed him to sign with another team and he should’ve been suspended for at least the remainder of the season/post season if… Read more »