*Photo from Sportsnet*
At long last, there is clarity on the grievance front. The San Jose Sharks and RW Evander Kane have reached a settlement agreement on the grievance Kane filed against the Sharks last season, according to an announcement made by the Sharks on Friday.
Last season, Kane was in hot water with the Sharks after gambling accusations, being placed on waivers. Kane played for the Sharks AHL affiliate, the San Jose Barracuda. There, he violated AHL Covid-19 protocols in December of 2021, leading the Sharks to void Kane's contract.
The NHLPA then quickly filed a grievance on Kane's behalf, saying that the Sharks did not have enough cause to justify voiding the contract. Kane signed with the Oilers for the rest of that season, and enjoyed a successful end of the year. There was no hearing scheduled yet between an arbitrator and both sides of the grievance case.
At the time of the termination, Kane had 3 years and $19 million left on his deal with the Sharks, set to expire after 2024-2025. His new deal with the Oilers, signed this summer, is worth $5.125 million annually. The settlement between Kane and the Sharks will address the gap between salaries in the two contracts.
The Sharks said in a statement that "The San Jose Sharks have reached an agreement with Evander Kane regarding the termination of his NHL Standard Player Contract. The agreement has been approved by the NHL and the NHL Players' Association. We are satisfied that its terms will not adversely impact the team, either financially or competitively, in this or future seasons."
This season with the Oilers will be Kane's 14th year in the league. As part of the terms of the settlement, the Sharks will receive a cap penalty retroactive to last season's cap number, and it's the first time this has happened, according to Cap Friendly.
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