Former Vancouver Giants forward Evander Kane is seen here in Game 7 of the second round of the 2009 WHL playoffs against the Spokane Chiefs (Sam Chan under Wikipedia Commons licence)

Former Vancouver Giants forward Evander Kane is seen here in Game 7 of the second round of the 2009 WHL playoffs against the Spokane Chiefs (Sam Chan under Wikipedia Commons licence)

Gambling debts revealed in details of bankruptcy filing by hockey star Evander Kane

Sharks left winger and former Vancouver Giants player owes close to $30 million total

Bankruptcy court documents show San Jose Sharks left winger Evander Kane, a former star player with the Langley-based Vancouver Giants, has lost an estimated $1.5 million U.S. on gambling.

A Chapter 7 bankruptcy claim filed on behalf of the 29-year-old in the Northern District of California in San Jose on Jan. 9, under the heading of losses due to “theft, fire, other disaster or gambling,” lists $1.5 million “gambling at casino and via bookie (sports betting).”

No date was given for when the losses occurred.

In the filing, Kane lists assets of $10 million and liabilities of $27 million.

Assets include $8,000 worth of “handguns, shotguns, and rifles” and he has taken out second mortgages on at least two properties in B.C.

Kane reported his monthly expenses are $93,000, including $15,000 for seven listed dependents, his six-month-old daughter, 27-year-old sister, two uncles aged 54 and 59, as well as his 55-year-old mother, 60-year-old father and 77-year-old grandmother.

Among his debts, Kane lists $1.3 million billed by “Leon McKenzie and Sure Sports LLC” that he is disputing, claiming “unfair trade practice, fraud [and] breach of fiduciary duty.”

Sure Sports online website describes itself as a company that “specializes in low-interest, unsecured loans and contract advances” to professional athletes.

It reportedly negotiated an $8 million loan for Kane.

“Sure Sports offers the fastest, cheapest loans to athletes, and we can complete and fund a loan within 48 hours,” the company website says.

Kane also reported a company doing business as “Lone Shark Holdings” as a creditor.

In April, U.S. media reported the Cosmopolitan hotel in Las Vegas had dropped a lawsuit against Kane for allegedly failing to repay $500,000 in casino markers. Kane reportedly ran up a tab when the Sharks were playing the Golden Knights in Las Vegas during the first round of the Stanley Cup playoffs in 2019.

Kane also owes $256,000 in taxes.

READ ALSO: W-shaped recovery would be ‘very severe’ without government assistance: CMHC

According to the documents, Kane’s annual salary for the 2020/21 season will be $3 million U.S. but notes the beginning of the season is “uncertain” due to COVID-19 and he may make less because of a shortened schedule.

“A typical season includes 82 regular season games,” the statement said.

“The current season has 56 games scheduled and [Kane] understands that even if all scheduled games are played, his salary will be adjusted based upon the reduced number of games.”

It added Kane may terminate his contract and opt out of the season, “because of health concerns given the recent birth of his first child.”

Under a Chapter 7 bankruptcy, creditors are prevented from collecting on debts. Usually, an appointed trustee will sell off a debtor’s assets to pay some, if not all, of what is owed.

Kane had signed a seven-year, $49 million contract extension in 2018.

The 1991-born Kane was drafted 19th overall in the 2006 WHL Bantam Draft by the now-Langley-based Vancouver Giants.

READ ALSO: Former Giants reminisce about 2007 Memorial Cup win

He went on to appear in two Memorial Cup games, tallying an assist as part of the Giants’ 2007 Memorial Cup championship.

Internationally, Kane won gold medals with Team Canada at the 2008 Ivan Hlinka Memorial Tournament and 2009 World Junior Championships.

He also competed in the 2010, 2011, 2012 and 2014 IIHF World Championships.

Kane was the fourth overall pick of the Atlanta Thrashers back in 2009 and has since suited up for the Thrashers, Jets, and Sabres before signing with San Jose.

Kane was heading into his 12th NHL season and his third full season as one of the undisputed offensive leaders of the Sharks.

He surpassed the 20-goal mark in each of his past five NHL seasons and was just 43 points shy of reaching 500 for his NHL career that has spanned 713 regular season games and an additional 29 in the playoffs.

Last June, Kane co-founded the Hockey Diversity Alliance, a group formed to promote diversity and eradicate racism in hockey.

Like us on Facebook and follow us on Twitter

BankruptciesLangleyNHLVancouver Giants

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Interior Health reported 33 new COVID-19 cases on March 5. (Black Press Files)
Interior Health reports 33 new COVID-19 cases on March 5

Over 300,000 vaccine doses have been administered provincewide.

Kimberley’s Local Food Working Group is looking for input from backyard gardeners. Eco friendly gardening file
Kimberley and area resident survey seeks insights on backyard food growing trends

In the past year or so, a number of Kimberley organizations have… Continue reading

Some of the folks behind Angel Flight East Kootenay: Todd Weselake is a director, partner and pilot while Brent Bidston is the president and lead pilot of the not-for-profit. Pictured here with their older plane, they hope to get an upgrade for thanks to RDEK funding. (Image courtesy of Angel Flight East Kootenay)
Angel Flight secures RDEK funding for next five years

$100,000 will go to the not-for-profit each year, with the funds to be used to acquire a larger plane

survey
City of Kimberley wants to know about your housing needs

There is no doubt that housing availability in Kimberley is an issue.… Continue reading

The city will undertake a feasibility study on the Marysville Arena. Bulletin file.
Feasibility study on viability of Marysville Arena about to get underway

Study will determine the future viability of Marysville Arena, and provide other alternatives for a second ice surface

Provincial health officer Dr. Bonnie Henry updates B.C. on the COVID-19 situation. (B.C. government)
Dr. Bonnie Henry predicts a ‘post-pandemic world’ for B.C. this summer

‘Extending this second dose provides very high real-world protection to more people, sooner’

Malawian police guard AstraZeneca COVID-19 vaccines after the shipment arrived in Lilongwe, Malawi, Friday March 5, 2021. Canada is expecting its first shipments of AstraZeneca vaccine next week. (Associated Press/Thoko Chikondi)
B.C.’s daily COVID-19 cases climb to 634 Friday, four more deaths

Currently 255 people in hospital, 66 in intensive care

A crashed helicopter is seen near Mt. Gardner on Bowen Island on Friday March 5, 2021. Two people were taken to hospital in serious but stable condition after the crash. (Irene Paulus/contributed)
2 people in serious condition after helicopter goes down on Bowen Island

Unclear how many passengers aboard and unclear where the helicopter was going

Surrey Pretrial in Newton. (Photo: Tom Zytaruk)
B.C. transgender inmate to get human rights hearing after being held in mostly male jail

B.C. Human Rights Tribunal member Amber Prince on March 3 dismissed the pretrial’s application to have Makayla Sandve’s complaint dismissed

Supporters rally outside court as Pastor James Coates of GraceLife Church is in court to appeal bail conditions, after he was arrested for holding day services in violation of COVID-19 rules, in Edmonton, Alta., on Thursday March 4, 2021. THE CANADIAN PRESS/Jason Franson
‘Law remains valid:’ Pastor accused of violating health orders to remain in jail

The Justice Centre for Constitutional Freedoms is representing the pastor

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

The Netflix logo on an iPhone. B.C. delayed imposing sales tax on digital services and sweetened carbonated beverages as part of its response to COVID-19. Those taxes take effect April 1, 2021. THE CANADIAN PRESS/AP, Matt Rourke
B.C. applies 7% sales tax on streaming, vaping, sweet drinks April 1

Measures from 2020 budget were delayed due to COVID-19

Chief Don Tom of the Tsartlip First Nation was outraged after Green MLA Adam Olsen revealed on social media that the community had been experiencing a COVID-19 outbreak – a fact the First Nation had chosen to keep private to avoid racist backlash as experienced by the Cowichan Tribes when an outbreak was declared there in January. (Black Press Media file photo)
B.C. First Nation ‘outraged’ after Green MLA reveals COVID-19 outbreak

Tsartlip First Nation chief shares concerns about racist backlash, MLA apologizes

A lawyer wears a face mask and gloves to curb the spread of COVID-19 while waiting to enter B.C. Supreme Court, in Vancouver, B.C., Friday, Aug. 28, 2020. British Columbia’s highest court has sided with the land owner in a dispute over public access to public land. THE CANADIAN PRESS/Darryl Dyck
B.C. high court finds in favour of large landowner in fight over access to pair of lakes

The Nicola Valley Fish and Game Club launched legal action after the cattle company blocked road and trail access

Most Read