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San Jose Sharks signed Evander Kane (7 Years / $7,000,000 AAV)

Was this a good signing?
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May 24 at 11:15 am
#1
Evander Kane has signed a new contract with the San Jose Sharks.
STANDARD CONTRACT
COMPARE THIS CONTRACT
LENGTH: 7 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: San Jose Sharks
VALUE: $49,000,000
C.H.% : 9.33
SIGNING DATE: May 24, 2018
SOURCE: CapFriendly
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2018-19Modified NTC$7,000,000$7,000,000$0$3,000,000$6,000,000$9,000,000$9,000,000
2019-20Modified NTC$7,000,000$7,000,000$0$2,000,000$6,000,000$8,000,000$8,000,000
2020-21Modified NTC$7,000,000$7,000,000$0$3,000,000$3,000,000$6,000,000$6,000,000
2021-22Modified NTC$7,000,000$7,000,000$0$0$7,000,000$7,000,000$7,000,000
2022-23Modified NTC$7,000,000$7,000,000$0$2,000,000$5,000,000$7,000,000$7,000,000
2023-24Modified NTC$7,000,000$7,000,000$0$0$6,000,000$6,000,000$6,000,000
2024-25Modified NTC$7,000,000$7,000,000$0$2,000,000$4,000,000$6,000,000$6,000,000
CLAUSE DETAILS: Modified NTC: Player submits a list of 3 teams he can be traded to
CLAUSE SOURCE: CapFriendly
May 24 at 11:16 am
#2
rangersandislesfan
Joined: Mar 2017
Posts: 21,157
Likes: 1,210
Great signing
May 24 at 11:22 am
#3
Noah Phillips
Joined: Sep 2017
Posts: 31
Likes: 5
The term is a little scary, I don't think the last 3 or 4 years will be great. Although, happy to be proven wrong. Wish him and SJ best of luck.
May 24 at 11:26 am
#4
Joined: Jun 2017
Posts: 89
Likes: 72
I know that San Jose had a lot of cap space, and Kane was an upcoming UFA in a shallow market, but man, that is a lot of money to commit to a player who's never hit 60 points.
MajesticWalrus, SouthHab, bixjohnson and 4 others liked this.
May 24 at 11:38 am
#5
Joined: Oct 2017
Posts: 406
Likes: 92
Quoting: noahphillipss
The term is a little scary, I don't think the last 3 or 4 years will be great. Although, happy to be proven wrong. Wish him and SJ best of luck.


none of the years will be great. he's done gots paid, so now he'll go back to being a 20-20 guy at best.
May 24 at 11:45 am
#6
exo2769
Joined: Jul 2015
Posts: 2,331
Likes: 214
Edited May 24 at 3:42 pm
This is a good deal for Evander Kane! I really do want SJS to do well, their fans deserve it for sure. This is way too much money for his services. I don't see how they can be happy. He got an extra ~$1.5M - $2M for a truly solid 2.5 weeks from Feb 27th to March 16th racking up points 10 points in 8 games against clearly top opponents like EDM, CHI, CGY, DET. He's a fine player, both sides are better off together vs apart, but he's not worth $7M a year...not worth $6M a year.
MajesticWalrus, SouthHab, bixjohnson and 2 others liked this.
May 24 at 11:54 am
#7
OFF FLOOR ON BOARD!!
Joined: May 2018
Posts: 1
Likes: 3
Both of 50 his point seasons came in contract years. Buyer beware.
May 24 at 11:55 am
#8
ON3M4N SHOW
Joined: May 2016
Posts: 2,489
Likes: 539
I give it two years before San Jose is looking to unload his contract.
May 24 at 12:00 pm
#9
Follow @capfriendly
Joined: Jan 1337
Posts: 1,276
Likes: 643


bixjohnson, Missouri, Greenothemeano and 1 other person liked this.
May 24 at 12:29 pm
#10
I'm a Skatman
Joined: May 2016
Posts: 955
Likes: 238
in a vacuum, I'd call this a bad contract - however, given SJs situation I can understand it. how many years of contention do the sharks have left? maybe it's already too late, but with Pavelski and Burns aging, Couture and Kane in their prime.. it's okay to overpay up front. maybe isn't gonna be a 35 goal scorer at 30 anymore, but you pay them for their primes and tolerate them getting paid when they are in the back years of their contracts. a similar thing happened to Rick Nash (and the Rangers got an okay return for him at age 33 with a higher cap hit and probably lower production!) in 2 or 3 years, the sharks won't be signing UFAs anyway. they won't be in a cap crunch and that's why paying Kane now is WAY better than letting him go to UFA just because they wanted to save 500k on him.
DoctorBreakfast and Zubrowka liked this.
May 24 at 1:00 pm
#11
Analytical Eye Test
Joined: Nov 2015
Posts: 875
Likes: 699
Quoting: Barathrum_Obama
in a vacuum, I'd call this a bad contract - however, given SJs situation I can understand it. how many years of contention do the sharks have left? maybe it's already too late, but with Pavelski and Burns aging, Couture and Kane in their prime.. it's okay to overpay up front. maybe isn't gonna be a 35 goal scorer at 30 anymore, but you pay them for their primes and tolerate them getting paid when they are in the back years of their contracts. a similar thing happened to Rick Nash (and the Rangers got an okay return for him at age 33 with a higher cap hit and probably lower production!) in 2 or 3 years, the sharks won't be signing UFAs anyway. they won't be in a cap crunch and that's why paying Kane now is WAY better than letting him go to UFA just because they wanted to save 500k on him.


I agree. San Jose is in win now mode with a shallow prospect pool, and they needed more speed and scoring, especially with their core of veterans (Pavelski, Burns, Vlasic, Thornton(?), Braun) getting up there in age. It's not nearly as bad as most UFA contracts, given that Kane is only 26 compared to the 28-30 we usually see. But San Jose definitely needed to do something big to give their club some more life. It's kind of like the Ryan Johansen contract; it's definitely an overpay, but the team desperately needed that player to fill in the hole that was missing. The players had all the leverage in both situations.
Barathrum_Obama liked this.
May 24 at 2:07 pm
#12
Lavsim
Joined: Jan 2018
Posts: 599
Likes: 126
man for 7 years i expected Kane to sign between 5 and 6m.
This is far too much money AND he also has a no trade list of 27 teams? bad contract.
May 24 at 2:07 pm
#13
Lavsim
Joined: Jan 2018
Posts: 599
Likes: 126
Quoting: rangersandislesfan
Great signing


no way lol
Greenothemeano and Clubkid75 liked this.
May 24 at 2:18 pm
#14
PENGUINS FAN!!
Joined: May 2017
Posts: 1,493
Likes: 176
I don't even know what to say about this. But so far I think it is a horrible signing. But I guess we will see come the season starts.
All_Bran liked this.
May 24 at 2:29 pm
#15
Habs/Pens fan
Joined: Oct 2017
Posts: 323
Likes: 53
I'm not surprised he did this because he only cares about money. But my god this contract sucks. San Jose will not be competitive when this deal ends. Both term and cap hit are awful.
Clubkid75 liked this.
May 24 at 3:57 pm
#16
Joined: Feb 2016
Posts: 930
Likes: 100
Quoting: ProfessorFuzzymuffins
I know that San Jose had a lot of cap space, and Kane was an upcoming UFA in a shallow market, but man, that is a lot of money to commit to a player who's never hit 60 points.


While I don't completely disagree, he has never played on a team that has won a single postseason game. He's only played on a single team that made it to the post season and he was injured a majority of that year and in the playoffs.
May 24 at 4:35 pm
#17
Coyotes GM V3
Joined: May 2017
Posts: 4,495
Likes: 734
I think this is going to have an impact on some other signings this summer, most notably guys like JVR and Nylander.
Greenothemeano liked this.
May 24 at 5:40 pm
#18
I'm a Skatman
Joined: May 2016
Posts: 955
Likes: 238
Quoting: Hockeylover360
I'm not surprised he did this because he only cares about money.


did what? can you elaborate? the personal sentiments against players in the hockey community are ridiculous.
May 24 at 6:19 pm
#19
Habs/Pens fan
Joined: Oct 2017
Posts: 323
Likes: 53
Quoting: Barathrum_Obama
did what? can you elaborate? the personal sentiments against players in the hockey community are ridiculous.


He has a reputation of wanting a ton of money. Here's proof. It's old but basically he posted that and him doing push ups with money on his back and basically showed off his money and how rich he was. That last contract he had was too much money as well. I tried to post the image but I just posted the article with the image. Hope has matured but who knows.

https://www.pensionplanpuppets.com/2012/12/19/3784710/evander-kanes-got-money-to-blow
May 24 at 6:23 pm
#20
I'm a Skatman
Joined: May 2016
Posts: 955
Likes: 238
Quoting: Hockeylover360
He has a reputation of wanting a ton of money.




what I'm saying is: this is a COMPLETELY void statement. every professional tries to make money, every organization wants to save money. both parties agree on a deal if they think it fits their interests. this is how contracts work. you try to make it seem like he's extorting them. he asked for some and he got it for the reasons i stated above.
May 24 at 6:41 pm
#21
Molson beer is meh
Joined: Jan 2017
Posts: 1,385
Likes: 341
Is this a bad contract? absolutely. But San Jose also, intentionally I believe, inflated the price off all other free agent wingers for every other team with this deal. Guys like JVR, Perron, Neal, Maroon, Grabner can all expect a bigger paycheck now. Even guys like Nylander, Zucker, Stone, Miller as RFAs will be vying for more lucrative deals.

Although, with the Sharks rumored to be "all in" on Tavares. Not sure if San Jose can still be in the running with their current cap situation, also with them still having to resign Hertl and Tierney.
May 24 at 9:40 pm
#22
COME TO SJ,JOHNNY!
Joined: Jun 2017
Posts: 217
Likes: 10
As a sharks fan,I liked Kane at the end but 7M per 7YRS is too much especially for a person like Kane.The sharks are in a bit of a pickle when it comes to re signing hertl,tierney,demelo.
May 25 at 12:14 am
#23
GKG
Joined: May 2018
Posts: 1
Likes: 0
Can't say I am a fan of the length and terms, I have a feeling as stated above that 2-3 seasons down the road, SJ will be looking to trade this contract after he fails to live up to a 7m a year payday.

And with a list of 27 teams he can't be traded to, that will prove rather difficult.
May 25 at 12:01 pm
#24
Joined: Mar 2017
Posts: 1,756
Likes: 213
Too much for too long. As an Oilers fan, I welcome all Pacific division rivals to do the same!
May 25 at 2:14 pm
#25
Joined: Jan 2017
Posts: 1,239
Likes: 170
Way too high of a contract for a guy who hit 30 goals one time. Not good at all.
 
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