News Article: All-Purpose Evander Kane Discussion Pt III: Kane signs w/Oilers. Retroactive settlement no cap penalty

[Alaskanice]

Certainly doesn't hurt us

What I meant to ask is do we have cap space now?? Can we sign someone??

 

[Saskatoon]

More like the Sharks got away scot free with an insignificant cap penalty and should look into terminating Karlsson, Vlasic and Couture’s contracts as well.

I actually think a Karlsson LTIR retirement ala Hossa isn't even all that crazy. If the Sharks are terrible and nobody will trade for him I think he is banged up enough to say I am too hurt to keep playing at some point in the future.

 

[Pinkfloyd]

What I meant to ask is do we have cap space now?? Can we sign someone??

No. Nothing was attached to the Sharks' cap payroll due to this situation at this point.

 

[weastern bias]

What I meant to ask is do we have cap space now?? Can we sign someone??

We didn't get any additional cap space, we just don't have any added cap penalties going forward, the Kane penalty is being applied to the cap for the 2021-2022 season

 

[Alaskanice]

We didn't get any additional cap space, we just don't have any added cap penalties going forward, the Kane penalty is being applied to the cap for the 2021-2022 season

Much appreciated.

 

[weastern bias]

Lol, this news is gonna get buried because the 7th most popular Candian team stripped their captaincy

The hockey world is so stupid

 

[Mattb124]

I'm betting $2.5 million in cash and cap hit (possibly only for this year, possibly split over three years).

And the cash is to he delivered in a stainless steel case in phone receiver-sized bundles.

 

[Cas]

And the cash is to he delivered in a stainless steel case in phone receiver-sized bundles.

Whatever you call the tokens you get at casinos (I don't gamble).

Sometimes it's good to be wrong.

 

[StanleyCup2035]

Plot twist: DW is paying this penalty.

 

[mouser]

I think they really needed to. There are a lot of signs that pointed to a favourable decision for the Sharks and might have opened pandora's box.

I tried to follow every media report and I'm not aware of anything material leaking out of the first grievance hearing. Surprising both sides did a rather good job of staying hush on the topic.

Hence I don't think we got any insight into how much risk each side thought they had of losing the grievance. Hopefully some more info will come out now that it's settled, but I'm not expecting that to happen.

 

[Mafoofoo]

Ok finally the Kane saga is over. Let’s move on

 

[Karl Prime]

What is the point exactly of applying a cap penalty to last year's team?

 

[LadyStanley]

 

[slocal]

 

[one2gamble]

What is the point exactly of applying a cap penalty to last year's team?

To give Kane money without punishing the sharks. They wanted the money to go somewhere. The contract impactedast year. Done and done

 

[Pinkfloyd]

What is the point exactly of applying a cap penalty to last year's team?

To put the settlement money somewhere that wouldn't affect the team moving forward. It's just sorting the numbers out mostly.

 

[TheBigDrunkPanda]

I can't wait until the hockey world gets pissed that a team rightfully cut a player who committed multiple material breaches of contract in a 12 month span and managed to parlay it into exact zero competitive advantage but didn't get punished for it

I’m looking forward to Kane imploding in Edmonton and taking the team down with him

 

[weastern bias]

Bill and Gary are incapable of making public statements without being condescending

"The league is OBVIOUSLY comfortable with the terms of the settlement"

These guys are suck jackoffs, imagine being less likable than Roger Goodell

 

[TheBeard]

Lol, this news is gonna get buried because the 7th most popular Candian team stripped their captaincy

The hockey world is so stupid

It's really not news for anyone except Sharks fans.

 

[Cas]

What is the point exactly of applying a cap penalty to last year's team?

From a mathematical point of view, there is no difference between time running forwards or backwards. As long as the scales are balanced somehow, there's no reason why you can't balance them in the past, rather than the future.

 

[OrrNumber4]

From a mathematical point of view, there is no difference between time running forwards or backwards. As long as the scales are balanced somehow, there's no reason why you can't balance them in the past, rather than the future.

Let me guess, you watched The Matrix recently?

 

[weastern bias]

It's really not news for anyone except Sharks fans.

Don't forget Sharks haters

Shouts out to all my H8RZ out there, you give me life

*kisses fingers and points to the sky*

 

[TheBeard]

Don't forget Sharks haters

Shouts out to all my H8RZ out there, you give me life

*kisses fingers and points to the sky*

 

[Munnyro]

View attachment 585189

Peanut butter and jealous!

 

[pappaf2]