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Sharks to Terminate Kane Contract, F Placed on Unconditional Waivers

The San Jose Sharks placed forward on unconditional waivers for purposes of a contract termination on Saturday.

The San Jose Sharks placed forward Evander Kane on unconditional waivers for purposes of a contract termination on Saturday. According to a statement by the team, the Sharks have informed Kane of their decision and their intent to terminate his contract for breach of his NHL Standard Player Contract and for violation of the AHL COVID-19 protocols.

According to Kevin Kurz of The Athletic, “The Sharks’ Evander Kane contract termination stems primarily from him traveling to Vancouver while COVID positive, according to multiple sources.”

Related: 6 NHL Scouts Attend Barracuda AHL Game to Watch Evander Kane

This will be the second time Kane will have been placed on waivers by the Sharks. The forward earlier cleared waivers on Nov. 29 and has played in five games with the AHL’s San Jose Barracuda, scoring two goals and six assists. At the time, no team was willing to take on his hefty contract with lingering off-ice issues surrounding the players. Perhaps another team looks more closely at Kane, but it’s still likely he goes unclaimed.

Kane, 30, is a lightning rod for controversy. He was suspended 21 games earlier this season for submitting a fake vaccination card and the Sharks’ NHL organization decided not to bring him back in any capacity. He has not appeared in a game since and the word was he would not see the ice in 2021-22. The team was trying to trade him, but the recent move suggests those trade talks have gone nowhere, even if the Sharks were willing to retain salary.

Elliotte Friedman noted on Twitter, “Obviously, this will be a developing story as the day unfolds.”

What Happens Next For Kane?

If he clears waivers and the NHL does allow the Sharks to terminate his contract, Kane has essentially removed his guaranteed contract from the equation and could lose around $22,885,000. He’s made a ton over the duration of his NHL career, but he’s also filed for bankruptcy, suggesting he’s blown through his career earnings already.

If his contract is terminated, he would become a free agent, but no team is going to pay him anything close the money he was signed to in San Jose. There might be an NHL team that takes a chance on him, but it will be for pennies on the dollar and only offers up an opportunity for Kane to prove that he’s taken care of his personal issues. He’s talented, but he’s also a potential locker room issue that some teams won’t be willing to risk team chemistry on.

Next: Insider “Bets Mansion” That Giroux Gets Traded by Flyers



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