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Salary cap loophole may be just what the Edmonton Oilers needed

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Daniel Lucente
July 4, 2024  (6:29 PM)
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Forward Evander Kane of the Edmonton Oilers
Photo credit: The Hockey News

The Edmonton Oilers may have had no choice but to move Evander Kane's contract, that is until a LTIR salary cap loophole presented itself.

Kane has been dealing with a major hip issue that has forced him to undergo many consultations and procedures with doctors, likely halting him from being able to play in any NHL games for his team.

Evander Kane: Dealing with hip injury

Should the Oilers choose to put Kane on LTIR, it would save them $5.125 million in cap space, which would allow them to possibly trade for, or sign an elite replacement. LTIR would also allow Kane to recover without any worries. The Oilers are up against the cap and need to figure out a solution to free up some money.

Edmonton Oilers salary against the cap this season:

$9.3m � Darnell Nurse
$5.1m � Evander Kane
$3.8m � Jack Campbell
$3.3m � Cody Ceci
$1.9m � James Neal (dead cap)

$23.29m cap space spent on 2 defensemen and a middle-6 winger.

After seeing how well the Vegas Golden Knights used LTIR last season, it's no surprise Oilers fans are dreaming of a similar scenario to ensure their team stays competitive all season long.

Credit Oilers Daily:Oilers have a prime opportunity to use salary cap loophole

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Salary cap loophole may be just what the Edmonton Oilers needed

Should the Oilers place Evander Kane on LTIR?

Yes16188.5 %
No2111.5 %
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