Evander Kane has made a verbal agreement to sign with the Edmonton Oilers for the remainder of the NHL season, sources told ESPN’s Kevin Weekes on Thursday.
A Kane-to-Edmonton deal comes as the NHL on Thursday cleared the veteran winger of potential violations of COVID-19 protocols.
Sources told Weekes that Kane’s deal with the Oilers is for one year, has a ceiling of $ 2.1 million and has a no-move clause. It includes a signing bonus of $ 625,000 and a base salary of $ 750,000. The cap hit is proportional as Kane joins the team midway through the season.
Kane has been training in Vancouver, British Columbia, and may be ready to play as early as this weekend, his agent, Dan Milstein, told ESPN Thursday morning. The Oilers open a road trip with three games in Montreal on Saturday.
On Thursday, the NHL announced the results of its investigation into Kane’s cross-border travel while in the AHL. The league said it would not discipline the veteran winger after concluding that there was “insufficient evidence to definitively find that Mr Kane deliberately made incorrect representations regarding his COVID-19 status or test results in connection with his international trip.”
The San Jose Sharks terminated Kane’s contract earlier this month, citing breach of contract. The NHLPA filed a complaint on his behalf, which has not yet been resolved.
Kane, 30, was in the fourth year of a seven-year, $ 49 million contract with San Jose that paid him $ 7 million annually. Kane loses $ 22.8 million from the rest of the deal (NHL contracts are guaranteed).
After serving a 21-game suspension for submitting a fake vaccination card, Kane was awarded the AHL in November. The Sharks said Kane was fully vaccinated before being reinstated.