Despite signing a seven-year, $49 million contract extension in 2018, San Jose Sharks left winger Evander Kane filed for chapter 7 bankruptcy, The Athletic reported. The filling detailed liabilities of $26.8 million and assets — largely three homes — of $10.2 million. And the filing included a note that warns he may not even play this year. “Debtor may terminate his contract and he may opt out of the season, as allowed under current rules, because of health concerns given the recent birth of his first child,” the bankruptcy petition said. “Should he terminate his contract or opt out at a point in the season, Debtor will not receive his salary.” The filing includes $10.2 million in assets, including three homes. Kaplan noted that Kane's monthly income is minus-$91,131.13 and the 29-year-old lost $1.5 million gambling over the last month. He also notes that seven dependents live with Kane. Recently, Centennial Bank filed an $8.3 million lawsuit in Florida federal court against Kane and the Sharks over pending debt.
