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

Various Victoria locations were hit with a slew of anti-bylaw graffiti Wednesday. This image has been altered to cover up profane language. (Submitted photo)
PHOTOS: Victoria hit with slew of anti-bylaw graffiti

Downtown businesses, bylaw office and Ministry of Finance vandalized

A pedestrian pushing a child in a stroller was struck by a driver while crossing a Highway 1 off-ramp at Burnside Road West on Feb. 24. (Google Streetview)
Pedestrian with child in stroller struck by driver in Saanich crosswalk

Incident occurred in crosswalk in Highway 1 off-ramp at Burnside Road West

David Wighton is a Goldstream Gazette 2021 Local Hero as the winner of the Coaches Award. (Don Denton/Black Press Media)
Life-changing lessons shared after 55-year coaching career

David Wighton is the 2021 recipient of the Local Hero Coaches Award

West Shore RCMP headquarters in Langford. (Black Press Media file photo)
West Shore RCMP arrests two suspects in connection to View Royal arson

Investigators determined the fire was deliberately set, targeted

Visitors to Island View Beach Regional Park in Central Saanich could end up paying for parking. (Black Press Media File)
Proposed parking fees for Island View Beach under fire

Central Saanich councillor says timing could not be worse

B.C. health officer Dr. Bonnie Henry and health minister Adrian Dix wore pink shirts to showcase this year’s motto: “Lift each other up.” (Twitter/PinkShirtDay)
PHOTOS: B.C. celebs take a stand against bullying on Pink Shirt Day

‘We need to let young people know they are not alone and they can reach out to others for help’

Justin Morissette is still recovering from the injuries sustained in the altercation. He is not yet able to walk without assistance. (Justin Morissette, Twitter)
B.C. man suing city and police over violent altercation with anti-LGBTQ preacher

Justin Morissette argues police knew the threat the preacher posed, and failed to keep the peace

Mowi Canada West salmon farm in B.C. waters. Conservative MPs have backed an industry call for further discussions on the timeline for closing Discovery Island farms. (Photo supplied by Mowi Canada)
Conservative MPs back B.C. salmon farmers’ call for transparent discussions

Farm owners requested consultations, more time to leave Discovery Islands

Jack Barnes, who was Cowichan Valley Capitals property from May 2020 until last week, scores a goal for the Penticton Vees during the 2019-20 BCHL season. (Brennan Phillips/Black Press)
COVID-crunched BCHL facing trade deadline dilemma with its 20-year-olds

Hard decisions loom when BCHL may or may not resume play

A Nanaimo RCMP vehicle in the Woodgrove Centre parking lot. (News Bulletin file photo)
Woman groped by stranger in mall parking lot in Nanaimo

Incident happened near bus loop Saturday, Feb. 20, at about 4:45 p.m.

A 19-year-old man is in police custody following a recent violent robbery and assault in Comox . (File photo)
Arrest made in violent robbery and assault of Comox gas station employee

19-year-old man in police custody after incident where woman was putting things in her car

COVID cases in the Bella Coola Valley have dropped to just four active cases (file photo)
Expanding social circles fuelling North Island COVID-19 spike

Comox Valley COVID spike the result of ‘a series of multiple social gatherings’

Average response times for critical “purple” and “red” calls were between nine and 10 minutes Feb. 19 in Metro Vancouver, with only less critical “yellow” calls receiving an average response time of 45 minutes. The longer than usual delay was due to a combination of factors, BC Emergency Health Services said. (APBC image)
After a night of one-hour waits for ambulances, union goes public with concerns

B.C. Ambulance Service says high-priority calls were still 10 minutes or less

NorKam secondary student Karis Wilson in the outfit that got her sent home from school on Tuesday, Feb. 23, 2021. (Contributed to Kamloops This Week)
B.C. teen in turtleneck, lace-edged dress sent home from school for ‘inappropriate’ outfit

NorKam secondary student Karis Wilson was told the lace on the garment made it look like a slip dress

Most Read