San Jose Sharks' Evander Kane files for bankruptcy, might not play

This is according to a report in The Athletic by Daniel Kaplan, which says the 29-year-old National Hockey League star filed for Chapter 7 in U.S. federal bankruptcy court.

However, in the face of debts incurred and the legal claims of several creditors, the winger has accepted the legal course of declaring bankruptcy before a federal court.

Kane, now with the San Jose Sharks, has somehow incurred debts of $26.8 million, according to a story from The Athletic.

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Kane's filing includes $10.2 million in assets. The 29-year-old Vancouver native listed seven individuals as dependents living with him, all of whom are relatives. The Cosmopolitan of Las Vegas also settled a lawsuit against Kane for unpaid gambling bills a year ago.

According to capfriendly.com, Kane has made almost $53 million in his career. The filing noted that Kane may not play this season "because of health concerns given the recent birth of his first child".

The NHL opt-out deadline for the COVID-19 abbreviated season which begins within a week was December 24, and the bankruptcy petition is dated January 9.

Evander Kane has filed for bankruptcy. Elliotte Friedman touched on this in his latest 31 Thoughts column. "Should he terminate his contract or opt out at a point in the season, Debtor will not receive his salary".

Kane, who has 56 goals over the past two seasons with San Jose, was a participant at San Jose's Tuesday practice.

"I don't think we're anxious about a distraction", coach Bob Boughner said Tuesday to reporters. "I won't make a comment on any player's personal situation, but I am assured that he will be here for the whole season, and he's on board".