The San Jose Sharks is expected to play his NHL debut on Thursday, but it remains unclear whether Evander Kane will join the team after several reports revealed that he filed for Chapter 7 bankruptcy, with debts of $ 26.8 million at the start. Of this month.
Athletic first reported the news on Tuesday, citing the complaint filed in California that listed more than $ 10 million in assets – mostly real estate – and almost $ 27 million in liabilities.
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The complaint indicates that Kane may choose to leave the season, despite missing the league’s December deadline because of ill health, eliminating his income.
“The debtor can terminate his contract and can choose to leave the season, as permitted by current rules, because of health concerns due to the recent birth of his first child,” says the petition. “If he terminates his contract or chooses to leave at some point during the season, the Debtor will not receive his salary.”
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Kane, 29, reportedly earned $ 52.9 million over his 11-year career. Most recently, he signed a seven-year, $ 49 million contract with the Sharks in 2018. It is unclear in the lawsuit where the debt comes from, but in the lawsuit Kane listed nine lawsuits and 47 creditors and claims he has seven dependents.
He also had $ 1.5 million in game losses last year.
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Kane had previously played for Winnipeg Jets and Buffalo Sabers before joining Sharks. At 1.8 m tall and 210 pounds, Kane led the NHL in penalty minutes for the past two seasons.