As had been rumored the past few days, Evander Kane is remaining long-term in San Jose, having signed a seven-year deal worth a reported $49 million.
Kane got his first shot at playing on a good team this past season, being traded to the Sharks at the trade deadline from the Sabres. Prior to going to San Jose, the 26-year-old had spent a majority of his career on bad teams in Atlanta/Winnipeg and Buffalo going back to when he broke into the league during the 2009-10 season. With that said, he’s always been productive, with a respectable 186 goals and 354 points in 574 games, per-game averages that translate to roughly 27 goals and 51 points over 82 games. He had nine goals and 14 points in 17 regular season games after being traded to San Jose, playing alongside Joe Pavelski.
Kane got his first shot at the playoffs this season after playing 574 regular season games without reaching the postseason. He had a good First Round, with three goals and four points in the Sharks sweep of the Ducks, but had just one goal and had a minus-five rating in the Second Round loss to the Golden Knights, and was suspended for Game 2 for cross-checking Pierre-Edouard Bellemare in the Sharks series-opening 7-0 loss.
The $7-million cap hit for Kane is currently the 10th-highest among wingers, according to capfriendly.com, though that ranking will fall as the summer goes on with UFA-to be James van Riemsdyk in line to get paid on the open market while Artemi Panarin, Blake Wheeler, Nikita Kucherov, Patrik Laine, and Max Pacioretty will be in line to get north of $7-million AAV when their windows to negotiate contract extensions opens up this summer.
Kane will be 27 at the start of the 2018-19 season and the Sharks are still in a position to contend, and with so much cap space coming off the books after next season could still add another marquee player. Those factors should help the return on investment.