Report: Oilers to sign Evander Kane

The Edmonton Oilers are signing forward Evander Kane to a contract for the remainder of the 2021-22 season, reports Sportsnet's Elliotte Friedman.

The deal will contain a $750,000 salary, a $625,000 signing bonus, an approximate cap hit of $2.1 million, and a full no-movement clause, Friedman added.

The agreement between Kane and the Oilers is only verbal at this point, as the contract still needs to be signed, per TSN's Darren Dreger.

Kane was suspended 21 games earlier this season for violating the NHL/NHLPA's COVID-19 protocol. His previous contract with the San Jose Sharks was then terminated "for breach of his NHL Standard Player Contract and for violation of AHL COVID-19 protocols."

More to come.

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