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

SkyTrain running through Whalley. (File photo: Tom Zytaruk)
Mayors’ Council wants feds to fund Surrey-Langley SkyTrain in upcoming budget

Mayors’ Council on regional transportation sent letter to federal government Monday

Premier John Horgan with drawings of replacement bridge for the Pattullo during a February 2018 presser. (File photo: Tom Zytaruk)
Surrey city staff want to act on council’s behalf for ‘minor’ changes to new Pattullo

The old bridge’s replacement is expected to be open for traffic in the fall of 2023

Seed & Stone hopes to open a cannabis retail store in the old Giraffe Restaurant building on White Rock’s waterfront. (Seed & Stone rendering).
Council to decide on cannabis store proposed for White Rock beach

Councillors heard support and opposition at public hearing last week

South Surrey’s Historic Stewart Farm. (City of Surrey photo)
City receives $400K grant to build Indigenous Carving Centre in South Surrey

Construction of showcase venue to be completed mid-2022

(The Canadian Press)
‘Worse than Sept. 11, SARS and financial crisis combined’: Tourism industry in crisis

Travel services saw the biggest drop in active businesses with 31 per cent fewer firms operating

(Black Press Media files)
Hosts charged, attendees facing COVID fines after Vancouver police bust party at condo

Police had previously received 10 complains about that condo

Minister of Families, Children and Social Development Ahmed Hussen takes part in an update on the COVID pandemic during a press conference in Ottawa on Tuesday, Oct. 27, 2020. A joint federal and B.C. government housing program announced today aims to help people living in up to 25,000 vulnerable households pay their rent. THE CANADIAN PRESS/Sean Kilpatrick
Federal, B.C. governments announce $517-million rent aid program to help vulnerable

Benefits for those not eligible for B.C.’s Rental Assistance Program or Shelter Aid for Elderly Renters

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

(BC SPCA)
Is it safe to give your dog some peanut butter? Not always, BC SPCA warns

Some commercial peanut butter ingredients can be harmful to dogs

Health Minister Adrian Dix, front, B.C. Premier John Horgan and provincial health officer Dr. Bonnie Henry arrive for a news conference about the provincial response to the coronavirus, in Vancouver, B.C., Friday, March 6, 2020. Pandemic emergency measures have been in place for almost a year. THE CANADIAN PRESS/Darryl Dyck
B.C. officials plead for patience as 1.7 million COVID-19 calls flood in

Vaccine registration for 90-plus seniors opened Monday

A West Kootenay man died in an avalanche on March 4 while snowmobiling near Mount Payne, which is indicted by the red flag. Illustration: Google Maps
B.C. father of 3 dead after avalanche in West Kootenay

The man was snowmobiling with a group when incident occurred March 4

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
Vaccine hesitancy decreases in B.C. as mass immunizations set to begin: poll

Two-thirds of British Columbians, and Canadians, would get the vaccine as soon as possible

Most Read