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

Greg Chow is the 2021 Local Hero of the Year. (Don Denton/Black Press Media)
Fighting fire a family affair for Colwood Assistant Chief Greg Chow

With 38 years of service, Greg Chow is the 2021 Hero of the Year

(Black Press Media file photo)
B.C. residents can reserve provincial camp sites starting March 8

B.C. residents get priority access to camping reservations in province

The Gordon Head Recreation Centre stands in as the Quimper Regional Hospital on Feb. 23 for filming Maid, a 10-part Netflix series. (Greg Sutton/District of Saanich)
Netflix transforms Saanich recreation centre into hospital for filming

Facility was closed to public Feb. 23 for filming of Maid

Sooke Road was down to single lane alternating traffic after a motor vehicle incident Wednesday morning. (Google Maps)
UPDATED: Sooke Road reopen after motor vehicle incident

Emergency crews were on scene of Wednesday morning incident

Dr. Bonnie Henry talk about the next steps in B.C.'s COVID-19 Immunization Plan during a press conference at Legislature in Victoria, B.C., on Friday, January 22, 2021. THE CANADIAN PRESS/Chad Hipolito
456 new COVID-19 cases in B.C., 2 deaths

Since January 2020, 78,278 have tested positive for the novel coronavirus in B.C.

Anyone with information on any of these individuals is asked to call 1-800-222-TIPS (8477) or visit the website victoriacrimestoppers.ca for more information.
Greater Victoria Crime Stoppers wanted list for the week of Feb. 23

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

(Black Press Media File Photo)
POLL: Are you struggling with Greater Victoria’s cost of housing?

While Victoria remains one of the most expensive cities in the country… Continue reading

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a UHN COVID-19 vaccine clinic in Toronto on Thursday, January 7, 2021. (THE CANADIAN PRESS/Nathan Denette)
Vaccinating essential workers before seniors in B.C. could save lives: experts

A new study says the switch could also save up to $230 million in provincial health-care costs

The late Michael Gregory, 57, is accused of sexually exploiting six junior high students between 1999 and 2005. (Pixabay)
Former Alberta teacher accused of sexually assaulting students found dead in B.C.

Mounties say Michael Gregory’s death has been deemed ‘non-suspicious’

According to a new poll, a majority of Canadians want to see illicit drugs decriminalized. (THE ASSOCIATED PRESS)
Majority of Canadians think it’s high time to decriminalize illicit drugs: poll

More than two-times the B.C. residents know someone who died from an overdose compared to rest of Canada

Photograph By @KAYLAXANDERSON
VIDEO: Lynx grabs lunch in Kamloops

A lynx surprises a group of ducks and picks one off for lunch

Two women were arrested in Nanaimo for refusing to wear masks and causing disturbance on a BC Ferries vessel. (File photo)
B.C. ferry passengers arrested and fined for disturbance, refusing to wear masks

Police said woman threatened their pensions in Feb. 21 incident aboard Nanaimo-bound boat

When his owner had knee surgery, Kevin, 2, was able to continue to go for walks thanks to volunteers from Elder Dog Canada. (Contributed photo)
B.C. woman has nothing but praise for Elder Dog Canada

National organization has a fleet of volunteer walkers ready, but needs more clients to serve

Most Read