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Evander Kane Heads to Hometown Canucks as Oilers Clear $5.1M in Cap Space

The exchange grants Edmonton a 2025 fourth-round draft pick in return for releasing Kane’s $5.125 million salary from their cap.

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Overview

  • Edmonton traded Evander Kane to the Vancouver Canucks for a fourth-round pick in the 2025 NHL Draft on June 25.
  • The move clears $5.125 million in salary cap space for the Oilers.
  • After missing the 2024–25 regular season with multiple surgeries, Kane scored six goals and collected 12 points in 21 playoff games.
  • Kane enters the final year of his four-year, $20.5 million contract before becoming an unrestricted free agent next July.
  • A Vancouver native, Kane said joining the Canucks realized his childhood ambition to play in front of his hometown fans.