Headlines

  • Toronto Maple Leafs Hire Brad Treliving
  • Nashville Predators Expected To Fire John Hynes, Hire Andrew Brunette
  • Washington Capitals Name Spencer Carbery Head Coach
  • Calgary Flames Name Craig Conroy General Manager
  • Kyle Dubas Will Not Return As Toronto GM
  • Arizona Coyotes Expected To Remain In Tempe For 2023-24
  • Previous
  • Next
Register
Login
  • MLB Trade Rumors
  • Hoops Rumors
  • Pro Football Rumors

Pro Hockey Rumors

  • Home
  • Teams
    • Atlantic
      • Boston Bruins
      • Buffalo Sabres
      • Detroit Red Wings
      • Florida Panthers
      • Montreal Canadiens
      • Ottawa Senators
      • Tampa Bay Lightning
      • Toronto Maple Leafs
    • Central
      • Arizona Coyotes
      • Chicago Blackhawks
      • Colorado Avalanche
      • Dallas Stars
      • Minnesota Wild
      • Nashville Predators
      • St. Louis Blues
      • Winnipeg Jets
    • Metropolitan
      • Carolina Hurricanes
      • Columbus Blue Jackets
      • New Jersey Devils
      • New York Islanders
      • New York Rangers
      • Philadelphia Flyers
      • Pittsburgh Penguins
      • Washington Capitals
    • Pacific
      • Anaheim Ducks
      • Calgary Flames
      • Edmonton Oilers
      • Los Angeles Kings
      • San Jose Sharks
      • Seattle Kraken
      • Vancouver Canucks
  • About
  • Contact Us
  • Advertise
  • Partners
    • MLB Trade Rumors
    • Hoops Rumors
    • Pro Football Rumors
Go To MLB Trade Rumors
Go To Hoops Rumors

Evander Kane Signs Four-Year Extension

July 13, 2022 at 6:23 am CDT | by Gavin Lee 5 Comments

Why sleep when you can sign contract extensions! The Edmonton Oilers and Evander Kane reached a late-night agreement on a new four-year contract, that will bring the winger back before he reaches unrestricted free agency. Kane himself announced the deal, which carries a cap hit of $5.125MM. PuckPedia has the full breakdown:

  • 2022-23: $750K salary + $5.5MM signing bonus
  • 2023-24: $1.5MM salary + $4.0MM signing bonus
  • 2024-25: $2.75MM salary + 2.0MM signing bonus
  • 2025-26: $4.0MM salary

It also includes a full no-movement clause until February 28, 2025, at which point it will change to a 16-team trade list. While the team hasn’t actually announced the deal, they did amplify Kane’s tweet about it, which included the following message.

A big part of my decision to stay in Edmonton was because of the opportunity given to me only 7 months ago but also the chance to be a part of a championship team. I want to win, and I believe after signing this deal we will be able to add the right pieces along with myself to accomplish that goal, a championship.

There’s no doubting Kane’s ability on the ice. He scored 35 goals in just 58 games between the regular season and playoffs, finding instant chemistry with Connor McDavid and finally offering the kind of high-impact scoring talent that the Oilers have been looking for. It is all the off-ice stuff that has limited his market, as seen by this new contract, which comes in well below what a player of his production level would have earned normally on the open market.

There is also still some uncertainty around his future because of a grievance with the San Jose Sharks over wrongful termination, though it should be noted that this new contract is worth almost exactly the same amount as what was left on his previous deal. Perhaps there is a path to settlement, which would clear up any potential issues with this new deal.

The Oilers, who are also expected to make a big splash in the goaltending market today, get better by bringing Kane back. The team has said goodbye to some of its older players, including Duncan Keith and Zack Kassian, and appears poised to take another run at the Pacific Division crown in 2022-23. For Kane in particular, the risk was always in a long-term deal. Keeping it to four years at least someone protects the Oilers from that risk.

Photo courtesy of USA Today Sports Images

Share 0 Retweet 0 Send via email

Edmonton Oilers| Free Agency| Newsstand Evander Kane

Evgeni Malkin Signs Four-Year Extension
Main
PHR 2022 Free Agent Frenzy Live Chat Transcript
View Comments (5)
newest oldest

Comments

  1. Johnny Z

    11 months ago

    It also looks as if he will also get a big settlement from San Jose.
    Now we all see if Kane will behave himself……..

    2
    Reply
  2. theruns

    11 months ago

    Probably tried to get the $20 million up front, in a briefcase.

    1
    Reply
  3. blueavenger77

    11 months ago

    Good luck with that, talent without character never ends well. Especially when the talent gets 25% of his total contract pay upfront, a NMC, and 4-year term at age 31. But who knows, maybe the talent has matured with age.. Doubt it.

    Reply
  4. M34

    11 months ago

    If he can keep his nose clean this is a steal for Edmonton.

    Reply
  5. Polish Hammer

    11 months ago

    Time to go celebrate at the casino.

    Reply

Leave a Reply Cancel reply

Please login to leave a reply.
Log in Register

    Top Stories

    Toronto Maple Leafs Hire Brad Treliving

    Nashville Predators Expected To Fire John Hynes, Hire Andrew Brunette

    Washington Capitals Name Spencer Carbery Head Coach

    Calgary Flames Name Craig Conroy General Manager

    Kyle Dubas Will Not Return As Toronto GM

    Arizona Coyotes Expected To Remain In Tempe For 2023-24

    Gabriel Landeskog Unlikely To Play Next Season

    Chicago Blackhawks Win 2023 NHL Draft Lottery

    New York Rangers Part Ways With Gerard Gallant

    Calgary Flames Fire Darryl Sutter

    Recent

    June 2023 Critical Dates Calendar

    West Notes: Domi, Savard, Weegar, Masters, Puistola

    Offseason Checklist: New York Islanders

    Minor Transactions: 5/31/23

    Snapshots: Hjorth, Trotz, Blue Jackets

    Free Agent Focus: Detroit Red Wings

    East Notes: Rangers, Holl, Maple Leafs

    Seattle Kraken Extend Ron Francis

    Vancouver Canucks Agree To Terms With Jett Woo

    Toronto Maple Leafs Hire Brad Treliving

    Rumors By Team

    Rumors By Team

    • Avalanche Rumors
    • Blackhawks Rumors
    • Blue Jackets Rumors
    • Blues Rumors
    • Bruins Rumors
    • Canadiens Rumors
    • Canucks Rumors
    • Capitals Rumors
    • Coyotes Rumors
    • Devils Rumors
    • Ducks Rumors
    • Flames Rumors
    • Flyers Rumors
    • Hurricanes Rumors
    • Islanders Rumors
    • Jets Rumors
    • Kings Rumors
    • Kraken Rumors
    • Lightning Rumors
    • Maple Leafs Rumors
    • Oilers Rumors
    • Panthers Rumors
    • Penguins Rumors
    • Predators Rumors
    • Rangers Rumors
    • Red Wings Rumors
    • Sabres Rumors
    • Senators Rumors
    • Sharks Rumors
    • Stars Rumors
    • Wild Rumors

    Navigation

    • Sitemap
    • Archives

    PHR Info

    • About
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

    scroll to top
    Close

    Desktop Version | Switch To Mobile Version