Edmonton Oilers rumoured to be trading Evander Kane to clear cap space

Evander Kane, who will be 33 years old at the start of next season, has started to perform below the value of his contract. This season, he played 77 games, scoring 24 goals and totaling 44 points, but he struggled for long periods and dealt with repeated serious injuries. These injuries impacted his play, leading to his removal from the lineup in the last five games of the Stanley Cup Final.

Kane is under contract for two more seasons with a cap hit of $5.125 million each season. His contract includes a full no-move clause this year but a modified no-trade clause next year. If the Oilers manage to trade Kane, he will need to waive his no-move clause and accept the trade. With sources confident that a deal is imminent, the Oilers may have already asked him to waive this clause.

Speaking to the media yesterday, interim GM Jeff Jackson confirmed that the Oilers are exploring moves to create cap space.

Despite being criticized for off-ice issues throughout his career, Kane has been a valuable player for the Oilers over his three years with the team. By moving Kane, the Oilers will free up cap space necessary to re-sign Leon Draisaitl and address gaps on defense. Even without an official general manager, the Oilers are not hesitating to make significant moves.

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