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Canucks Acquire Evander Kane From Oilers

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11:01 a.m.: The trade call is complete, and the Oilers have now announced the deal.

10:01 a.m.: The Oilers and Canucks are working on a trade that would send winger Evander Kane to Vancouver if completed, Elliotte Friedman of Sportsnet reports Wednesday. Kane has confirmed the move himself on his X account. The Canucks are sending the Senators’ 2025 fourth-round pick (No. 117 overall) to Edmonton in return, according to Frank Seravalli of Daily Faceoff.

Kane had frequently been speculated as a trade candidate in the days since the Oilers lost their second consecutive Stanley Cup Final. Edmonton requires additional salary cap flexibility this summer to iron out a new deal for restricted free agent defenseman Evan Bouchard while reserving space for potential depth scoring and goaltending upgrades.

The 33-year-old winger is entering the final season of the four-year, $20.5MM contract he signed with the Oilers in 2022, which carries a $5.125MM cap hit. Edmonton is not retaining any of his salary, per Ryan Rishaug of TSN. Kane had a 16-team approved trade list as protection, but it doesn’t appear that was a hiccup for today’s move. Vancouver, Kane’s hometown, was his preferred destination if traded, LeBrun reports.

Kane’s move comes amid an active league inquiry into the Oilers’ handling of his surgeries and subsequent long-term injured reserve placement that kept him out for the entire 2024-25 regular season. The 6’2″ lefty underwent a wide-ranging abdominal/hip surgery last offseason but waited until the beginning of training camp to do so, keeping him sidelined until an expected January return.

Edmonton then announced shortly before he was due to return that Kane needed knee surgery, which paused his recovery from the previous surgery and added weeks to his return timeline. He wasn’t cleared to return until Game 2 of the first round, and the Oilers used the cap space Kane’s LTIR placement created to acquire defenseman Jake Walman from the Sharks in the week before the trade deadline. That surgery was recently reported as addressing a congenital issue, raising concerns with the league about the team’s decision to have him undergo the surgery at that point.

Upon returning to action in the playoffs, Kane’s performance was as expected. Even for his injury troubles and disciplinary concerns – he led the Oilers with 44 PIMs in the postseason – he’s still an extremely effective top-nine scorer and posted a 6-6–12 scoring line in 21 games. His defensive impacts continue to drag on his value, though. While never a stalwart shutdown winger by any stretch, his possession play was historically competent enough to help compensate for his defensive faults. That hasn’t been the case during his last couple of seasons in Edmonton, though, and it was especially apparent in the playoffs. Kane’s 45.5 CF% at even strength was 16th out of 23 Oilers skaters, while his relative impact of -6.5% was 18th.

That won’t be of enormous concern to Vancouver, though, especially with just one season left on his deal. The Canucks desperately needed to acquire scoring depth this offseason, and they’ll accomplish that in a pure form with Kane’s pickup. He’s averaged 29 goals and 54 points per 82 games over his 16-year NHL career. Those numbers would have put him in the team lead in goals and second in points last season. Vancouver only averaged 2.84 goals per game, 23rd in the league. Health is a legitimate concern – Kane’s only topped the 70-game mark once in the last five seasons – but with no long-term financial risk and a minimal acquisition cost, it’s a risk worth taking.

Kane should be penciled into a top-six role in Vancouver. He could even see increased minutes as a top-line wing option for Elias Pettersson, particularly with the Canucks expected to lose Brock Boeser in free agency next week.

As for the Canucks’ salary cap picture, they’re down to just over $7MM in space but have just one roster spot to fill assuming depth names like Linus Karlsson and youngsters like Jonathan Lekkerimaki and Victor Mancini get cracks on the opening night roster in the fall. While Boeser won’t be back in the picture, they have the flexibility to iron out an extension to keep center Pius Suter off the UFA market if they choose.

Rick Dhaliwal of CHEK TV was the first to report that the Oilers received a mid-round draft pick in return for Kane.

Image courtesy of Perry Nelson-Imagn Images.

Oilers, Connor McDavid Begin Informal Contract Negotiations

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Yesterday evening, TSN’s Ryan Rishaug gave a brief update on contract extension negotiations between Connor McDavid and the Edmonton Oilers. Rishaug shared that General Manager Stan Bowman and team President and CEO Jeff Jackson are in Ontario to meet with McDavid’s agent, Judd Moldaver, to begin informal negotiations.

Last week, Pierre LeBrun of The Athletic reported that McDavid was in no rush to sign an eight-year extension with the Oilers, hinting toward a contract similar to Auston Matthews’ with the Toronto Maple Leafs. In the perceived driver’s seat for the negotiations, a shorter-term contract would allow McDavid to pursue other options if the Oilers fail to capitalize on their Stanley Cup contention window.

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Flyers, Oilers, Sharks Linked To Jake Allen

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The Flyers, Oilers, and Sharks are among the most likely destinations for pending UFA netminder Jake Allen if he reaches the open market next week, according to David Pagnotta of The Fourth Period.

Allen reaching UFA status on July 1 seems likely at this stage. The 34-year-old is coming off a strong season as the No. 2 to Jacob Markström in New Jersey. He’s due to command a larger chunk of cash than he usually would otherwise because of a UFA class devoid of starting options. It’s not a guarantee, though. Devils general manager Tom Fitzgerald said earlier this month he’d make an effort to have Allen back in the fold next season and that there was some mutual interest in an extension.

Things have been quiet since then. Allen projects to land a two-year deal worth $3.5MM per season on the open market, according to AFP Analytics. With Markström likely to still receive the lion’s share of the starts as he enters the final year of his contract and the club looking to leverage its cap space to add to its forward group and get a long-term deal done for RFA defenseman Luke Hughes, that’s likely more than they’re willing to pay to keep him. They might be able to bring him back at a lower cap impact if they extend him a longer contract offer. Still, given his age and the fact that they have internal options like Nico Daws set to play next season on a one-way deal, it’s unclear if they’d be willing to offer him a three or four-year contract to bring the cap hit back down to the $2MM range.

That means Allen could be looking elsewhere for teams in a position to compensate him more up front and give him more than the 29 starts he received in New Jersey this past season. He doesn’t have a particularly lengthy resume as a starting or even 1A option, and he’s only hit the 40-game mark in a season once since 2019. Nonetheless, he played quite well in a 30-game slate last year behind much shoddier defense compared to how the Devils played in front of Markström. His .906 SV% and 2.66 GAA are above-average in their own right but translated to a far more raucous 18.4 goals saved above expected, according to MoneyPuck. That ranked ninth in the league and was more than names with more starts like Filip Gustavsson, Ilya Sorokin, and Joseph Woll.

He’s a good option to challenge an unestablished younger tandem option for the lion’s share of starts as a result, especially on the short-term commitment he’s expected to command. That makes all of Philadelphia, Edmonton, and San Jose logical fits. The Flyers arguably have the largest need for him. While they have Samuel Ersson and Ivan Fedotov under contract through next season, they were both fringe NHL options at best in 2024-25. Ersson was arguably the worst starter in the league, logging a .883 SV% behind a relatively competent Flyers defense that kept his GAA down to 3.14. While he’s recorded back-to-back 20-win seasons and may still have upside as a backup or 1B option, it’s hard to imagine the Flyers making any reasonable progress in their rebuild if he starts 40-plus games again in 2025-26 based on his underwhelming two years as a starter. Fedotov, while expensive at over $3MM against the cap, could be a candidate for waivers or a loan back to Russia after struggling to the tune of a .880 SV% and -13.6 GSAx in only 26 showings this year.

The Oilers’ need for a goaltending upgrade after Stuart Skinner and Calvin Pickard combined for a .888 SV% in the playoffs and a .897 mark in the regular season has become painfully apparent. If they’re unwilling or unable to leverage Skinner’s value how they see fit in a trade for a bona fide starting option – a highly unlikely outcome – they’ll likely look to land a modest return for the cost-effective Pickard while acquiring an option with a more recent consistent track record to take pressure off Skinner to be the clear-cut No. 1. They could find that in Allen. At his projected cap hit, they’d still be devoting just $6.1MM to their goaltending tandem, and seeing if Skinner can produce better numbers in a more limited workload will be valuable in helping them determine how aggressively to pursue extension talks for the 2026 UFA.

With Alexandar Georgiev out of the picture, one of the Sharks’ top offseason needs is a veteran goaltender to pair with top prospect Yaroslav Askarov as he graduates to a full-time NHL role for 2025-26. Allen would be the best available stopgap option as Askarov shifts from what will likely be a 40-game workload out of the gate to a 60-game one in a few years’ time. Swapping Allen’s play for Georgiev’s subpar .875 SV% and 3.88 GAA last season is likely enough on its own to vault the Sharks’ record back toward the 70-point range after averaging 53 standings points over the last three seasons amid the darkest years of their rebuild.

Connor McDavid In No Rush To Sign Max-Term Extension With Oilers

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The Edmonton Oilers have turned their sights towards July 1st following the end of the Stanley Cup Playoffs. They face a loaded plate, with top defender Evan Bouchard in need of a new contract and franchise superstar Connor McDavid eligible for an extension when July rolls around. Both tasks will be top-list items for the Oilers, but it doesn’t seem McDavid is in the same rush to solidify his long-term future. Pierre LeBrun of The Athletic reports that McDavid will want to hear out Edmonton’s plans for the future before signing a new deal. When that deal does come, LeBrun adds that there’s no certainty it’s an eight-year contract, pointing towards the four-year contract that Auston Matthews signed last summer.

Matthew and McDavid are both represented by Judd Moldaver and Wasserman Hockey. Moldaver also represents Columbus’ Zach Werenski and New Jersey’s Brett Pesce, who are each on six-year contracts with their clubs. In fact, Moldaver’s only client on an eight-year deal is Nashville Predators captain Roman Josi, who made a point about staying in Music City for life when he signed his extension in 2019.

This news may seem like a wrench in Edmonton’s machine, but it’s little more than McDavid doing his due diligence before signing a deal that will likely carry him through the majority of his remaining career. Winning a Stanley Cup is a luxury afforded to only a few NHL legends, and McDavid is coming off the heels of back-to-back squandered opportunities.

The connection between McDavid and the Oilers franchise is as strong as any bond across the league. His name has become synonymous with all-time great Wayne Gretzky, whom McDavid routinely chases in both the regular season and playoff scoring records. With 1,082 points in 712 games, McDavid’s 1.52 points-per-game clock in as the third-most in NHL history, behind only Gretzky and Mario Lemieux. He’s a true great, who any team would make a dire effort to keep when faced with any chance of losing him.

But then again, Gretzky’s career spanned tenures with four separate clubs, even after he won four Cups and set all-time scoring records with the Oilers. His move away from Edmonton – and to the West Coast – was perhaps the greatest news to ever hit the league, and reports connected to McDavid suggest a similar pattern could emerge should the modern great ever want to change clubs. LeBrun shares that the Los Angeles Kings and former Oilers general manager Ken Holland are closely monitoring McDavid’s status up North. If any signs of a move shine through, the Kings could once again snatch a perennial superstar from under Edmonton’s nose. LeBrun further adds that the Chicago Blackhawks, Dallas Stars, and New York Rangers could join what’d likely be a small-group race to steal McDavid from the Oilers.

The Oilers are, luckily, just about as far from a decision as they can be. McDavid still has one year left on his current contract. He’s already scored 826 points in 503 games of his current deal, including an incredible 64-goal, 89-assist, 153-point performance in the 2022-23 season. A lot can happen in a year’s time, especially with the talent and assured scoring that McDavid brings to the lineup. Strong lineup additions and a return to the depths of the Stanley Cup Playoffs could go far in swaying McDavid’s confidence in sticking with the Oilers through the end of his career. But, another early exit on the back of a lineup that’s not full strength could sever the ties. The NHL will be entering near-unprecedented territory as McDavid eyes the structure, price tag, and location of his next contract – a deal almost guaranteed to set the new record in league salary.

NHL Continuing Inquiry Into Oilers’ LTIR Usage

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When teams have big-money players stashed on long-term injured reserve for significant portions of the season, it’s become commonplace for the NHL to direct additional scrutiny toward their medical records to ensure they’re not circumventing the salary cap. It’s become a hot-button issue in recent years with star players missing most or all of the regular season with injuries, only to return at the beginning of the playoffs when the upper limit is no longer in effect.

In every case in recent memory, the league has been satisfied with the documentation they’ve received, and those inquiries have been closed during the postseason. However, that isn’t the case with the Oilers and winger Evander Kane, Frank Seravalli of Daily Faceoff writes. The league’s investigation on that matter is still ongoing, and the potential remains for the Oilers to have a retroactive penalty if they conclude Edmonton violated the CBA.

It’s not clear what aspect of Kane’s LTIR usage the league isn’t satisfied with. He didn’t return immediately as the playoffs started – he was only cleared for Game 2 of the first round against the Kings, not Game 1, and didn’t receive an AHL conditioning stint leading up to his return. Edmonton also didn’t dip into the cap flexibility that Kane’s LTIR placement afforded them until the trade deadline, when team doctors confirmed he wouldn’t be cleared to play before the end of the regular season.

Speculatively, the issue could be the nature and timing of the second surgery Kane underwent. The power winger played through a sports hernia at the tail end of last season and finally ended up undergoing a wide-ranging procedure that repaired multiple hip and abdominal muscles in September 2024. Waiting until training camp to undergo the procedure was already eye-raising, but it only carried a four-month timeline that would have had him back in the lineup before the trade deadline anyway.

Then, Kane underwent an unrelated surgery on his knee in January, pausing his rehab from his earlier surgery and effectively ending his regular season. The team didn’t disclose details on the procedure at a time. Yesterday, Seravalli reported the surgery removed a “congenital tumor-like growth.” With the knee issue being present for his entire life and career, the league could be questioning why the Oilers chose that specific window to have Kane undergo surgery, particularly so late in his recovery from another procedure.

Conn Smythe Voting Results Revealed

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While Sam Bennett took home the 2025 Conn Smythe Trophy after a historic postseason run that included 15 goals, the voting was closer than many might expect. The Professional Hockey Writers Association released the voting results, with Bennett receiving 76 points and teammate Brad Marchand close behind with 68.

Bennett and Marchand were the only players to receive first- and second-place votes, making them the clear-cut choices among the 18 writers. Others receiving votes included Florida’s Sergei Bobrovsky and Gustav Forsling, and Edmonton’s Leon Draisaitl. Points were awarded on a 5-3-1 basis, and the deadline to submit ballots to the NHL occurred with 10 minutes remaining in Game 6.

From the start of the playoffs, Bennett established himself as a force. While he was one of five Panthers to record at least 22 points during the playoffs, his 15 goals led the team by a margin of four. He also became just the fourth active player to score at least 15 goals in a single postseason, joining Alex Ovechkin, Sidney Crosby, and Zach Hyman. He also joins an elite list of centers to accomplish the feat, including Crosby, Wayne Gretzky, Mario Lemieux, and Joe Sakic.

Marchand posted 10 goals and 20 points during the playoffs, but shone brightest in the finals, where he scored six goals, including Game 2’s overtime winner. After going without a goal in the Panthers’ opening series against the Tampa Bay Lightning, Marchand went on to produce 10 goals in the team’s final 18 games. Acquired at the trade deadline from the rival Boston Bruins, Marchand is one of the most pivotal deadline additions in recent memory.

Bobrovsky finished a distant third in voting with 10 points. He delivered his usual steady performance in goal, posting a .914 save percentage and three shutouts over 23 playoff games. He arguably saved his best for last, turning aside 28 of Edmonton’s 29 shots in the cup-clincher. Bobrovsky finished fourth Conn Smythe voting last season.

Oilers To Ramp Up Negotiations With Evan Bouchard, Connor McDavid

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The Edmonton Oilers have been thrust towards a stressful off-season after their Game 6 defeat. They face multiple contract situations in need of sorting-out with just under $12MM in projected cap space. Top of list will be re-signing star defender Evan Bouchard before he becomes a restricted free agent. Edmonton will turn their attention towards negotiations on what is expected to be an eight-figure deal later this week, per David Pagnotta of The Fourth Period. Pagnotta adds that next on the list will be signing captain Connor McDavid to an extension when he becomes eligible on July 1st.

Both contracts will break ground when they’re signed. Bouchard has hit impressive heights for only being 25 years old. His 238 points in 347 career games ranks sixth in the league among defenders his age or under. Rasmus Dahlin, who ranks second with 360 points, is the only player above Bouchard to have signed recently. He inked an eight-year, $88MM deal with the Buffalo Sabres last summer. Bouchard’s cap hit would likely land under Dahlin’s $11MM, though the cap’s projected growth could keep the two close.

That will make projecting a new price for superstar McDavid all the tougher. He already carries the fourth-highest cap hit in the league – $12.5MM on a deal signed in 2017. No one else came close to making as much until Nathan MacKinnon signed for $12.6MM in 2023, Auston Matthews’ signed for $13.25MM last summer, and Oilers teammate Leon Draisaitl signed for $14MM shortly after.

McDavid’s prowess is hard to deny. He’s reached legendary scoring heights in both the regular season and playoffs. There seems to be no one number that’d sound right to award the 826 points he’s (so far) scored in 503 games of his current contract. Draisaitl’s record-holding cap-hit will be Edmonton’s only guide. He did top McDavid in scoring by six points this season but even then – the younger McDavid is likely to warrant a slight pay boost. His new deal could land in the realm of $14.5MM or even $15MM.

The importance of getting both deals done can’t go understated. McDavid and Bouchard were Edmonton’s most-used forward and defender respectively, and have ranked in the top-three of team scoring in each of the last two seasons. Edmonton will be locking up their top defenseman ahead of his prime, and the core of their franchise through his golden years, with these deals. They’ll also be defining their future budget – namely what they’ll be willing to spend on their 13 pending free agents in 2026, including goaltender Stuart Skinner.

McDavid and Bouchard will land as the league’s most expensive top-forward, top-defender tandem in the NHL before July 1st with this news. The two – and their phenomenal supporting cast – have already pushed Edmonton to back-to-back appearances in the Stanley Cup Finals. With long-term deals, the Oilers could be guaranteeing the structure needed to make at least a few more runs for the title, especially as they find value deals for goaltending or depth improvements.

Oilers, Trent Frederic Focusing On Long-Term Extension

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The Oilers and pending UFA winger Trent Frederic have had preliminary discussions on a max-term eight-year contract extension for the bottom-six forward, Jim Matheson of the Edmonton Journal said Wednesday. Conversations on an extension began earlier this month but were tabled during the Stanley Cup Final. Those talks will resume this week after last night’s loss, David Pagnotta of The Fourth Period writes, adding “there’s a pathway to a deal.”

Even with a likely low price point per season, that level of commitment would be jarring for a player of Frederic’s skill set. We’ve seen longer-term deals being handed out to bottom-six wingers with some scoring upside and a physical edge in recent years. William Carrier, Logan O’Connor, Mathieu Olivier, and Miles Wood have all landed long-term extensions or free agent commitments in the post-COVID era, and Frederic certainly fits that profile.

None of those players received the maximum available term, though, and they were all coming off breakout or otherwise strong platform years. That’s not the case with Frederic. Injuries limited him to 58 regular-season games, including just one with Edmonton after they acquired him from the Bruins in a three-team deal before the trade deadline. When dressed, he logged an 8-7–15 scoring line and a -16 rating, a career-low. While he didn’t see a decline in deployment from his strong 2022-23 and 2023-24 showings in Boston, he produced just 0.26 points per game after averaging 0.40 over the prior three years.

The Oilers are of the belief that’s enough of a track record to secure a long-term commitment and, likely, a role as a third-line winger for the foreseeable future. He did have back-to-back seasons of 17 and 18 goals and a career-high 40 points with the Bruins not too long ago. Two years of that level of production isn’t a huge track record, but an affordable price point could be an appealing proposition for the Oilers to have him secured in case he reaches that output again.

It would also be a worthy bet on Frederic’s part to land some long-term financial security throughout his prime, something that’s not usually attainable for players routinely averaging between 11 and 13 minutes per game. He saw 11:24 of ice time for the Oilers in the playoffs, recording a 1-3–4 scoring line in 22 games and ranking fourth on the team with 85 hits.

While the Oilers’ stars obviously did the heavy lifting, a few depth forwards had decent possession impacts in the playoffs. Frederic wasn’t one of them. His 45.2% share of shot attempts at even strength was second-worst on the club among players who played all 22 playoff games, ahead of only Adam Henrique’s 44.7%. He also saw no special-teams deployment.

It’s likely they view Frederic as a younger, more stable, and more affordable long-term replacement for higher-priced veterans like Viktor Arvidsson and Evander Kane, both of whom could be moved this summer to free up cap space following injury-plagued regular seasons of their own. Still, it’s fair to question what purpose an eight-year commitment, which would take Frederic through his age-35 season, serves that a five-to-six-year deal doesn’t. The likelihood of Frederic still being in the NHL, and potentially even providing some positive value near the end as the salary cap rises, is exponentially higher with the latter option.

Panthers Repeat As Stanley Cup Champs, Bennett Wins Conn Smythe

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Aided by Sam Reinhart’s four goals, the Florida Panthers have repeated as Stanley Cup Champions, defeating Edmonton in Game 6 by a score of 5-1. For his efforts, pending free agent Sam Bennett won the Conn Smythe after posting 15 goals throughout the playoffs.

Florida’s stars shone bright throughout the playoffs, including fantastic efforts by the likes of Reinhart, Aleksander Barkov, Carter Verhaeghe, Brad Marchand, Matthew Tkachuk, and, of course, solid play between the pipes from star netminder Sergei Bobrovsky. Remarkably, the Panthers had nine players record at least 15 points throughout the playoffs, with six recording at least 20 points. However, Bennett led the way with his incredible finishing ability. His knack for elevating his game in the playoffs culminated in a well-deserved Conn Smythe win, and he’s now poised to cash in on his next contract.

For Edmonton, it’s another season that has ended in heartbreak. Despite another postseason of heroics from Connor McDavid and Leon Draisaitl, the Oilers were once again undone by their defensive flaws and inconsistent goaltending. For his part, McDavid has amassed an absurd 75 points over the last two playoffs, including last season’s Conn Smythe win, while Draisaitl added an incredible 65 points in that time. However, both stars will have to wait for their shot at hoisting the Stanley Cup.

Bobrovsky turned aside 28 of Edmonton’s 29 shots. “Bob” was particularly strong in the second period, turning aside 10 shots, including several high-danger chances. A key moment came midway through the second period when McDavid and Corey Perry broke out on a two-on-one. However, Perry couldn’t get solid contact on McDavid’s pass through the crease. Just a few minutes later, Reinhart potted his second of the game, giving Florida a commanding 3-0 lead and essentially putting the game out of reach. He scored his third and fourth goals on empty-netters late in the third period.

With the Stanley Cup Finals concluded, another NHL season comes to a close. Attention now turns to a busy offseason schedule, which includes the NHL Draft and the start of free agency in the next few weeks.

Oilers’ Coach Kris Knoblauch Mum On Game 6 Starting Goalie

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Facing elimination, Edmonton Oilers’ coach Kris Knoblauch still isn’t sure who his starting goalie will be for Game 6. Or, at least, he isn’t making his intentions known.

Knoblauch didn’t commit to either Stuart Skinner or Calvin Pickard, stating the team will go with whichever goalie gives them the best chance to win. When asked how he’ll make the decision, Knoblauch said, “That’s a conversation with the staff. Obviously, our goaltending coach Dustin Schwartz, but with all the assistants and the general manager to weigh how everyone feels and what’s best moving forward.”

Knoblauch acknowledged that the decision is “not an easy one,” pointing out that both goalies have proven they can win games. He added that whichever goalie is chosen, the team believes they’ll be the one to help secure a win on the road in Game 6.

Skinner started the first four games of the Finals but was pulled in two of them, prompting Knoblauch to start Pickard in Game 5. The decision was made in hopes that Pickard could replicate his heroics from Game 4, where he stopped 22 of 23 shots in the overtime win. However, he struggled in Game 5, allowing four goals on 18 shots for a .778 save percentage. Despite the Oilers making it to Game 6 of the Finals, both goalies have put up less-than-stellar statistics throughout the playoffs, with Skinner posting an .891 save percentage and Pickard owning an .886 mark.

While Knoblauch was non-committal on who he’ll start, the team may have tipped their hand during practice today. As TSN’s Ryan Rishaug points out, Skinner was in what was the starter’s net the last time they practiced in Florida. Rishaug added that forward Kasperi Kapanen and defenseman John Klingberg took part in line drills, signaling their potential return. Kapanen was replaced in the lineup by Viktor Arvidsson in Game 5.

 

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