Page 3 of 3 FirstFirst 123
Results 41 to 59 of 59

Thread: Evander Kane Files for Bankruptcy with $26.8 Million in Debt

  1. #41
    Rural Supremacist BSBH Prospect
    Dunny's Avatar
    Join Date
    Mar 2011
    Posts
    17,086
    Rep Power
    455
    From what I've heard, he's actually a pretty good guy 99% of the time. In fact, somebody that played with him as a youth said he was an awesome kid.

    He's obviously has a chip on his shoulder and that can be both a blessing, and a curse. I think like any many men, he's made some poor choices in women, coupled with an over bearing father, that pushed him to succeed, but was himself a bit of a loser. The family part is tough, and gambling is an evil all to itself.

    Ultimately, if he can get this settled, he's still looking good to net millions of dollars.

  2. #42
    (╯?□?)╯︵ ┻━┻ BSBH Prospect
    Keirik's Avatar
    Join Date
    Mar 2011
    Posts
    14,038
    Rep Power
    357
    Last edited by Keirik; 01-14-2021 at 12:00 AM.

  3. #43
    HNIC BSBH Legend
    Pete's Avatar
    Join Date
    Mar 2011
    Posts
    83,683
    Rep Power
    726
    Quote Originally Posted by Dunny View Post
    Is it because the magic white privilege fairy stops by and teaches them to defer gratitude and save for the future?
    Or... due to institutional racism, there's less money and education in the Black community therefore there's less understanding of what to do with money, and fewer Black people people who can advise on what to do with money... amongst the group of people who don't trust white people... And add into the fact that part of institutional racism is white people not caring as much about Black people keeping their money as white people keeping their money.

    I mean you didn't really think that predominantly Black sports had more instances of athletes not knowing what to do with their money just because their skin was Black did you? And predominantly white sports had athletes who were better with their money just because their skin was light, right?

    Because that would be the real magic.

  4. #44
    Senior Member Junior Division
    rmc51's Avatar
    Join Date
    Oct 2013
    Posts
    6,310
    Rep Power
    291
    Lmao..yeah, instituional racism is why Kane blew through his millions in Vegas

  5. #45
    Senior Member BSBH Prospect
    So Nashty's Avatar
    Join Date
    Mar 2011
    Posts
    11,995
    Rep Power
    112

    Evander Kane Files for Bankruptcy with $26.8 Million in Debt

    This could very well be the case ^ but in my experience financial literacy isn?t taught in most schools. Went to private schools basically from the 6th grade through high school and didn?t have one single class on how to manage money. Not to mention that money/time suck known as college. I took matters into my own hands and googled/read every book I could get on the matter.

    I would say most people have poor financial literacy. Hell, I?m not an expert by any means but compared to some of my friends and family, a lot of whom make good money but have no idea how to handle it, I find myself giving out what I usually think is pretty basic advice often.

    My parents were polish immigrants coming from communist Poland so they didn?t know any better to pass good info on- but you?d be amazed at some of the things parents teach their kids to do with money. One of my friends racked up credit card debt and school loan debt because his father suggested that once you declare bankruptcy all of that is forgiven and you can start over- since he?s young it wouldn?t hurt him in the long run.


    Sent from my iPhone using Blueshirts Brotherhood mobile app powered by Tapatalk

  6. #46
    HNIC BSBH Legend
    Pete's Avatar
    Join Date
    Mar 2011
    Posts
    83,683
    Rep Power
    726
    Quote Originally Posted by rmc51 View Post
    Lmao..yeah, instituional racism is why Kane blew through his millions in Vegas
    That's not what I said, but keep purposefully misrepresenting my opinion, because that's an infraction.

  7. #47
    (╯?□?)╯︵ ┻━┻ BSBH Prospect
    Keirik's Avatar
    Join Date
    Mar 2011
    Posts
    14,038
    Rep Power
    357
    What does any of this at all have to do with Kane’s situation anyway?

  8. #48
    Senior Member Junior Division
    4EverRangerFrank's Avatar
    Join Date
    Aug 2017
    Posts
    5,198
    Rep Power
    145
    @So Nashty - 100%

  9. #49
    Chitty chitty bang bang! BSBH Legend
    Phil in Absentia's Avatar
    Join Date
    Feb 2011
    Location
    Brooklyn, NY
    Posts
    92,719
    Rep Power
    632
    "Everyone says you should be a good loser. If you're a good loser, you're a loser."
    - John Tortorella


    "Never be a spectator of unfairness or stupidity. Seek out argument and disputation for their own sake; the grave will supply plenty of time for silence."
    - Christopher Hitchens

  10. #50
    Senior Member Midget Division
    Kevin's Avatar
    Join Date
    Jun 2011
    Location
    Central NJ
    Posts
    4,849
    Rep Power
    130
    Quote Originally Posted by Phil in Absentia View Post
    What's that even mean? They're buying him out? He's actually having a good year.

  11. #51
    Rural Supremacist BSBH Prospect
    Dunny's Avatar
    Join Date
    Mar 2011
    Posts
    17,086
    Rep Power
    455
    Kane for Deangelo.

    Who gets the bigger asshole?

  12. #52
    Chitty chitty bang bang! BSBH Legend
    Phil in Absentia's Avatar
    Join Date
    Feb 2011
    Location
    Brooklyn, NY
    Posts
    92,719
    Rep Power
    632
    Quote Originally Posted by Kevin View Post
    What's that even mean? They're buying him out? He's actually having a good year.
    No, this would be contract termination. Mutually agreed upon, is my guess. I haven't had a chance to read the article fully yet.
    "Everyone says you should be a good loser. If you're a good loser, you're a loser."
    - John Tortorella


    "Never be a spectator of unfairness or stupidity. Seek out argument and disputation for their own sake; the grave will supply plenty of time for silence."
    - Christopher Hitchens

  13. #53
    Senior Member BSBH Prospect
    Blue Heaven's Avatar
    Join Date
    Mar 2011
    Location
    Queens
    Posts
    11,274
    Rep Power
    122
    Probably some loophole where they end his contract, so he's doesn't have any income coming in so he is files bankruptcy so he doesn't have to pay back the money that is owed.

  14. #54
    Russian Meddling BSBH Veteran
    josh's Avatar
    Join Date
    Mar 2011
    Posts
    32,899
    Rep Power
    528
    I assume this is a 'loophole' in his bankruptcy case?

  15. #55
    Senior Member Junior Division
    4EverRangerFrank's Avatar
    Join Date
    Aug 2017
    Posts
    5,198
    Rep Power
    145
    Wow! This is not an option available to 99.9% of people heading through bankruptcy. When have you ever heard of an employer terminating your future salary like it reads in this instance? I'm not an attorney but me thinks a shrewd attorney dreamed up this scheme and it will likely work to discharge the preponderance of his debt...as long as the employer is a willing participant. Holy smoke. Court actions amaze me.

  16. #56
    Windmill Cancer Survivor, Super-Duper Missile CDR Midget Division
    jsrangers's Avatar
    Join Date
    Jan 2018
    Location
    Seaside Park NJ
    Posts
    3,046
    Rep Power
    77
    Quote Originally Posted by 4EverRangerFrank View Post
    Wow! This is not an option available to 99.9% of people heading through bankruptcy. When have you ever heard of an employer terminating your future salary like it reads in this instance? I'm not an attorney but me thinks a shrewd attorney dreamed up this scheme and it will likely work to discharge the preponderance of his debt...as long as the employer is a willing participant. Holy smoke. Court actions amaze me.
    that's some bullsh!t if that's the case and it sure smells like it.

  17. #57
    Senior Member Bantam Division
    Sod16's Avatar
    Join Date
    Nov 2017
    Location
    Minneapolis
    Posts
    1,583
    Rep Power
    60
    I think his creditors will be able to swat this down like a bug. It would be a manipulation to get a discharge and then re-sign.

  18. #58
    (╯?□?)╯︵ ┻━┻ BSBH Prospect
    Keirik's Avatar
    Join Date
    Mar 2011
    Posts
    14,038
    Rep Power
    357

    Evander Kane files motion claiming lenders wishes violate 13th Amendment

    Evander Kane's bankruptcy case took another turn Thursday night as the San Jose Sharks winger filed a petition claiming his creditors' attempts to convert his case violated the 13th Amendment to the U.S. Constitution's prohibition against involuntary servitude.

    Five lenders, including Zions Bancorp., are seeking to convert Kane's case under the bankruptcy code from Chapter 7, which would only force him to pay creditors using current assets, to Chapter 11, which would place the remaining years of his Sharks contract under their control and allow them to garnish his wages.
    https://theathletic.com/news/evander...t/W44kVAy304GG

  19. #59
    Russian Meddling BSBH Veteran
    josh's Avatar
    Join Date
    Mar 2011
    Posts
    32,899
    Rep Power
    528
    You can only garnish a certain amount of wages...


    unless he really fucked up his contract when negotiating. 1099 contractors can have everything and anything garnished when they owe the government money, but still not all if its a private lender.

Page 3 of 3 FirstFirst 123

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •