The Sharks’ offseason began in earnest on Thursday. Evander Kane dotted the ‘I’s’ and crossed the ‘T’s’ on a seven-year contract extension, reportedly worth $49 million, and San Jose can now turn its attention to the remainder of a pivotal offseason.
With the NHL’s salary cap set to rise to a range between $78 million and $82 million, Kane’s re-signing leaves the Sharks, with between $10.5 million and $14.5 million in cap space, according to CapFriendly. They likely will have more.
CapFriendly lists rookie forwards Dylan Gambrell and Max Letunov on San Jose’s NHL roster, but assuming the pair starts the season with the AHL’s San Jose Barracuda, the Sharks will have cap space ranging from about $12.