• Latest
  • Trending
  • All
Sharks’ Evander Kane Files for Chapter 7 Bankruptcy

Sharks’ Evander Kane Files for Chapter 7 Bankruptcy

January 11, 2021
Crunch, Wolves, Comets Benefit from Dual Affiliations

Crunch, Wolves, Comets Benefit from Dual Affiliations

January 17, 2021
Same Bad Results to Start Season for “New Look” Sabres

Same Bad Results to Start Season for “New Look” Sabres

January 16, 2021
ADVERTISEMENT
https://fullpresscoverage.com/wp-content/uploads/2020/05/latvija-un-baltkrievija-paraksta-ligumu-par-pasaules-hokeja-cempionata-52017723.jpg

IIHF World Championships – The Ultimatums Are Rolling In

January 16, 2021
Senators

Ottawa Senators First Game in 310 Days is a Win

January 16, 2021
Andrei Vasilevskiy Favorite To Win The 2020-21 Vezina Trophy

Andrei Vasilevskiy Favorite To Win The 2020-21 Vezina Trophy

January 15, 2021
Devils Show Promise In Opening Night Loss

Devils Show Promise In Opening Night Loss

January 15, 2021
Opening Night Win Affirms Bruins Have To Extend Tuukka Rask’s Contract

Opening Night Win Affirms Bruins Have To Extend Tuukka Rask’s Contract

January 15, 2021
Islanders

New York Islanders Blank Rangers 4-0 In NHL Opener

January 15, 2021
Key Takeaways from the Penguins Season Opener

Key Takeaways from the Penguins Season Opener

January 14, 2021
Strong Third Period Powers Flyers To Opening-Night Win

Strong Third Period Powers Flyers To Opening-Night Win

January 14, 2021
Top 10 NHL 2020-21 Calder Trophy Candidates

Top 10 NHL 2020-21 Calder Trophy Candidates

January 14, 2021
senators

Senators Roster/Taxi Squad Named – Who’s In? Who’s Out?

January 13, 2021
  • Full Press Coverage
  • Full Press Wrestling
  • Full Press Radio Network
  • FullPressShop.com
  • Want to write for us?
  • Advertise With Us


Sunday, January 17, 2021
Full Press Hockey
  • NHL
    • Boston Bruins
    • Buffalo Sabres
    • Ottawa Senators
    • Philadelphia Flyers
    • Winnipeg Jets
  • AHL
  • KHL
  • Fantasy Hockey
  • NHL Draft
  • Prospects
  • Podcasts
    • Big Bad Bruins Podcast
    • Off The Post Radio
    • C4 Canucks Podcast
    • High and Wide Radio
    • Fourth Line Hockey Pod
    • The Calder Farmstead (Coming Soon)
  • Full Press Coverage
  • Shop
No Result
View All Result
  • NHL
    • Boston Bruins
    • Buffalo Sabres
    • Ottawa Senators
    • Philadelphia Flyers
    • Winnipeg Jets
  • AHL
  • KHL
  • Fantasy Hockey
  • NHL Draft
  • Prospects
  • Podcasts
    • Big Bad Bruins Podcast
    • Off The Post Radio
    • C4 Canucks Podcast
    • High and Wide Radio
    • Fourth Line Hockey Pod
    • The Calder Farmstead (Coming Soon)
  • Full Press Coverage
  • Shop
No Result
View All Result
Full Press Hockey
No Result
View All Result
Home NHL Pacific Division San Jose Sharks

Sharks’ Evander Kane Files for Chapter 7 Bankruptcy

The 29-Year-Old is $27 Million in Debt

Carter Brooks by Carter Brooks
January 11, 2021
in Featured, News, NHL, San Jose Sharks
0
1.1k
SHARES
3.1k
VIEWS
Share on FacebookShare on Twitter

Evander Kane has officially filed for Chapter 7 Bankruptcy in the state of California. The 29-year-old San Jose Sharks forward is currently in the third season of a seven-year contract with the Sharks, to which his payment is now reportedly going directly to Centennial Bank.

Last Thursday, Kane and the Sharks were sued by Centennial Bank for $8.9 million owed following a $3.9 million loan dating back to September of 2018. Further loans followed, with Kane unable to pay back the bank. The owings then began coming directly off San Jose’s payroll. This, however, stopped in October of 2019, while Kane hasn’t made a payment since that date either.

According to the complainant, Kane owes $7.8 million in principal, roughly $500K in interest, and about $90K in bank fees as of December 11, 2020. Kane’s filling provided a liability breakdown of $26.8 million three homes (considered assets) totalling $10.2 million.

RelatedPosts

Same Bad Results to Start Season for “New Look” Sabres

IIHF World Championships – The Ultimatums Are Rolling In

Ottawa Senators First Game in 310 Days is a Win

Andrei Vasilevskiy Favorite To Win The 2020-21 Vezina Trophy

That is just one of the six total lawsuits Kane is currently dealing with.

Also included within the filling is an admission of $1.5 million lost to gambling in 2020, five other active lawsuits, a monthly income of -$91,131.10 and a $1.2 million credit to Sure Sports. Potentially working in his favour is an open counterclaim lawsuit he filed against Rachel Keuchele, the woman involved in the 2016 battery suit.

By all estimations, Kane has earned approximately $53 million over his 11-season NHL career. His fillings did detail seven dependents living under (one of) his roof(s), including: his 6-month-old daughter, his sister, 27, his uncle, 54, his mother, 55, another uncle, 59, his father, 60, and his grandmother, 77.

Kane now joins the likes of Darren McCarty, Bryan Trottier and Jack Johnson as fellow NHLers who have filed for bankruptcy either during or following the conclusion of their professional playing career.

Kane is the second-highest-paid player on San Jose’s roster, earning $7 million annually, just $1 million behind team captain Logan Couture. The Vancouver, BC product signed a seven-year, $49 million deal with the Sharks in May of 2018, following a move from the Buffalo Sabres at the 2018 trade deadline.






Tags: BankruptEvander KaneEvander Kane BankruptFeaturedkaneKane BankruptSan JoseSan Jose SharksSharks
Previous Post

Sabres Are One Of The NHL’s Most Interesting This Season

Next Post

KHL: Best Players of Week 17

Carter Brooks

Carter Brooks

Next Post
KHL

KHL: Best Players of Week 17

NHL West Division Preview: The Good, the Bad, and the Ugly

NHL West Division Preview: The Good, the Bad, and the Ugly

Leave a Reply Cancel reply

  • Trending
  • Comments
  • Latest
Doing it for Dad: COVID Tragedy Added Fuel for Keegan Kolesar

Doing it for Dad: COVID Tragedy Added Fuel for Keegan Kolesar

October 21, 2020
gibson

Gibson Could Solidify Maple Leafs’ Goaltending Future

November 7, 2020
Happy New Year Charlie McAvoy, Bruins Are Your Team Now

Happy New Year Charlie McAvoy, Bruins Are Your Team Now

December 31, 2020
COVID-19

A COVID-19 Disaster In The KHL

23
Chara

Bruins Let Zdeno Chara Leave At Wrong Time

3
Bruins

What Is The Plan, Don?

2
Same Bad Results to Start Season for “New Look” Sabres

Same Bad Results to Start Season for “New Look” Sabres

January 16, 2021
https://fullpresscoverage.com/wp-content/uploads/2020/05/latvija-un-baltkrievija-paraksta-ligumu-par-pasaules-hokeja-cempionata-52017723.jpg

IIHF World Championships – The Ultimatums Are Rolling In

January 16, 2021
Senators

Ottawa Senators First Game in 310 Days is a Win

January 16, 2021


  • Off The Post Welcomes in Bill Meltzer To Talk Flyers and Sean Couturier
    by Off The Post on January 17, 2021 at 3:36 pm

    Off The Post Welcomes in Bill Meltzer To Talk Flyers and More.

    Your browser does not support the audio element. But you can check this for the original link: https://feeds.soundcloud.com/stream/967338613-russ-cohen-off-the-post-welcomes-in-bill-meltzer-to-talk-flyers-and-sean-couturier.mp3
  • Ep 51: Bergeron Dons The "C", Picking Up the Chara/Krug Slack; Season Expectations
    by Full Press Coverage on January 13, 2021 at 9:45 pm

    Mike Cratty of the Sal and Cratty Show and BlackNGoldHockey.com joins Ian and Chris to discuss […]

    Your browser does not support the audio element. But you can check this for the original link: https://pdst.fm/e/chtbl.com/track/G481GD/traffic.megaphone.fm/ADV4804938996.mp3
  • New Year, New Season - Jan. 12, 2020
    by Full Press Coverage on January 12, 2021 at 10:30 pm

    Only a day away from the return to NHL action, in what will be a very surreal (and short) 2021 […]

    Your browser does not support the audio element. But you can check this for the original link: https://pdst.fm/e/chtbl.com/track/G481GD/traffic.megaphone.fm/ADV2540685750.mp3
  • 1/12 - Belichick Declines; More Wild Card Reaction; John Sapochetti Joins the Show
    by Full Press Coverage on January 12, 2021 at 10:09 pm

    Ian and Mike discuss Patriots coach, Bill Belichick declining the Presidential Medal of Freedom, […]

    Your browser does not support the audio element. But you can check this for the original link: https://api.spreaker.com/download/episode/42907329/adv3451008763.mp3
  • 1/11 - NFL Wild Card Recap
    by Full Press Coverage on January 12, 2021 at 10:05 pm

    Ian and Mike recap Super Wild Card weekend in the NFL as the Divisional round takes shape.Learn […]

    Your browser does not support the audio element. But you can check this for the original link: https://api.spreaker.com/download/episode/42907328/adv5905159114.mp3
  • Off The Post Welcomes in Steve Dangle to Talk Leafs and The North Division
    by Off The Post on January 10, 2021 at 2:26 am

    Off The Post Welcomes in Steve Dangle to Talk Leafs and The North Division.

    Your browser does not support the audio element. But you can check this for the original link: https://feeds.soundcloud.com/stream/962739613-russ-cohen-off-the-post-welcomes-in-steve-dangle-to-talk-leafs-and-the-north-division.mp3
All Shows

  • Brady, Brees Meet For Third Time With NFCCG Trip On The Line
    by Steve Atkinson on January 17, 2021 at 4:42 pm

    Bucs vs. Saints: Round III. Who will earn the right to head to Green Bay to take on the Packers in […]

  • Are The Mets Bidding Against Themselves with George Springer?
    by Russ Cohen on January 17, 2021 at 2:29 am

    The last big item on the Mets shopping list is a center fielder. George Springer is their top […]

  • 2020 NFL Divisional Playoffs: The Young and the Ageless
    by Russell S. Baxter and Julie Voigt on January 16, 2021 at 6:41 pm

    There are eight teams remaining in the 2020 NFL playoffs. Three clubs are led by legends of the […]

  • Ottawa Senators First Game in 310 Days is a Win
    by Murray Pam on January 16, 2021 at 5:41 pm

    Senators netminder Matt Murray, making his first appearance with the club since being acquired from […]

  • Keys for Saints to Defeat Bucs in Divisional Round
    by Dayton Brown on January 16, 2021 at 5:34 pm

    This Sunday awaits the matchup the NFL world has been anticipating...Drew Brees versus Tom Brady. […]

Full Press Hockey

2020 Full Press Coverage

Navigate Site

  • NHL
  • AHL
  • KHL
  • Fantasy Hockey
  • NHL Draft
  • Prospects
  • Podcasts
  • Full Press Coverage
  • Shop

Follow Us

No Result
View All Result
  • NHL
    • Boston Bruins
    • Buffalo Sabres
    • Ottawa Senators
    • Philadelphia Flyers
    • Winnipeg Jets
  • AHL
  • KHL
  • Fantasy Hockey
  • NHL Draft
  • Prospects
  • Podcasts
    • Big Bad Bruins Podcast
    • Off The Post Radio
    • C4 Canucks Podcast
    • High and Wide Radio
    • Fourth Line Hockey Pod
    • The Calder Farmstead (Coming Soon)
  • Full Press Coverage
  • Shop

2020 Full Press Coverage