Evander Kane and the San Jose Sharks on Friday reached a settlement over the complaint he filed about ending his contract last season.
The Sharks announced the agreement, which they said has been approved by the NHL and the Players’ Association.
“We are satisfied that the conditions will not affect the team financially or competitively in this or future seasons,” the team said in a statement.
The Sharks terminated Kane’s contract in January for violating virus protocol while at their top minor league affiliate, the American Hockey League’s San Jose Barracuda. The termination cost Kane nearly $23 million from the $49 million seven-year deal he signed in May 2018.
Kane and the NHL Players’ Association filed a complaint alleging the Sharks did not have sufficient reason for the move. While that process was still ongoing, he signed with the Oilers for the remainder of the season and re-signed in Edmonton for $20.5 million over four years.
The 31-year-old is in his fourth NHL organization after being drafted from Atlanta, went to Winnipeg when the Thrashers became the Jets, and was traded to Buffalo and then San Jose. He was a good fit with the Oilers and helped them reach the Western Conference Finals.