Evander Kane doesn't appear to be interested in waiving his no-trade clause nor want to be placed on LTIR in order to free up salary cap space for the Oilers.
Oilers President Jeff Jackson stated a few weeks ago that forward Evander Kane has been dealing with a hip injury, and that he was still being evaluated by the team in order to figure out how to proceed with his contract situation. It's no secret that the team is looking to trade Kane to save on costs and free up space to sign other players, as Kane's $5.125 million is a big chunk for a player who is potentially not healthy.
If the Oilers are unable to trade Kane, or if Kane is unwilling to waive his NTC, then there is always the possibility of placing him on the long-term injured reserve list, so that his salary wouldn't count against the cap.
«What makes him such a wild card is that it's hard to read from day to day and interview to interview where Kane stands health wise. CEO Jeff Jackson mentioned an «issue with his hip,» and the nature of his injury and recovery path remains unclear. Meanwhile, Kane called it a «sports hernia» that was bugging him most of last season. Is it a hip? Is it a hernia? Is it a bit of both? Do either keep him out to the point he's unreliable?»
Kane's NTC is valid until February 28, 2025, at which point it drops down to only 15 teams, which means the Oilers could technically wait until the trade deadline and then try to swing a deal with half of the league's teams.
Kane still has two years remaining on his contract where he is owed over $5 million per season, and after he scored 24 goals and 44 points in 77 games, the team needs to judge whether they feel that salary is worth his production, especially that the Oilers need to have as much cap space as possible to sign Leon Draisaitl to an extension, and then Connor McDavid in two seasons from now.