Hockey breh declares bankruptcy. 26M in debt!!!!

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CACs are giddy. they love to see black athletes go broke. Love it!






According to the filing obtained by The Athletic,, Kane is nearly $27 million in debt and faces six active lawsuits, court actions and administrative proceedings with lending agencies.

The 29-year-old Kane signed a seven-year, $49 million deal with the Sharks two years ago. The filing noted that Kane may not play this season “because of health concerns given the recent birth of his first child.” However, the Sharks' opt out date was Dec. 24, and Kane has been participating in training camp. San Jose would be able to carry over the contract until the next season

According to capfriendly.com, Kane has made nearly $53 million in his career. On the filing, Kane listed liabilities at $26.8 million with assets of $10.2 million. While The Athletic notes that the sources of Kane's losses are not clear, the petition indicates that he has lost $1.5 million in gambling over the last year. The Cosmopolitan of Las Vegas also settled a lawsuit against Kane for unpaid gambling bills last year.


Report: Sharks’ Evander Kane, nearly $27 million in debt, files for bankruptcy
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SCOTT GLEESON | USA TODAY | 1 hour ago
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Sharks forward Evander Kane filed for Chapter 7 bankruptcy Saturday, according to a petition in federal bankruptcy court in San Jose, California, acquired by The Athletic.

According to the filing obtained by The Athletic,, Kane is nearly $27 million in debt and faces six active lawsuits, court actions and administrative proceedings with lending agencies.

The 29-year-old Kane signed a seven-year, $49 million deal with the Sharks two years ago. The filing noted that Kane may not play this season “because of health concerns given the recent birth of his first child.” However, the Sharks' opt out date was Dec. 24, and Kane has been participating in training camp. San Jose would be able to carry over the contract until the next season

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Sharks forward Evander Kane had 47 points last season.
PERRY NELSON, USA TODAY SPORTS
According to capfriendly.com, Kane has made nearly $53 million in his career. On the filing, Kane listed liabilities at $26.8 million with assets of $10.2 million. While The Athletic notes that the sources of Kane's losses are not clear, the petition indicates that he has lost $1.5 million in gambling over the last year. The Cosmopolitan of Las Vegas also settled a lawsuit against Kane for unpaid gambling bills last year.

In his home, Kane lists seven dependents living with him, including a 6-month-old daughter, 27-year-old sister, mother, father, two uncles and his grandmother.

In the filing, Kane said that a shortened 56-game season would make paying off his debts difficult. A total of 47 creditors were listed on the filing.


Kane was the No. 4 pick in the 2009 NHL draft and has spent 11 seasons in the league with three different teams. He is also a co-head on the Hockey Diversity Alliance, which ai

recap: dude owes a lot of money.

Gambling debt. Creditor debt. Taking care of his entire family. Might not play this season.

Also now the IRS will come and take a look.
 

JLova

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Damn this dude been having people in his face for years. Now they gonna really be on him. Good player too but again he has dealt with the criticisms of being a diva, self centred, too flashy, too opinionated...the typical shyt they accuse black athletes of.

hope he can get it together.
 
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