The Oilers announced the team agreed to trade left wing Evander Kane to the Vancouver Canucks for a 2025 fourth-round pick. With the move, Edmonton cleared Kane's entire $5.125 million cap hit for 2025-26.

Kane, who will turn 34 in August, has one year and $5.125 million remaining on his current contract. After missing the regular season due to injury, Kane scored six goals in 21 playoff games during Edmonton's run to a second straight Stanley Cup Final.

Evander Kane, who returned for the Oilers in the playoffs after missing the entire regular season after multiple surgeries, was traded to his hometown Canucks on Wednesday, clearing cap space before free agency.