Quoting: Onlyfairtrades1
He turns 35 on 11/19/23 at which time he can sign a 35+ contract. Since he is still rehabbing his hip, it's no rush to sign him now.
This is what makes Kane signing a + 35 deal potentially a no go..
What is a 35-plus contract?
A contract is designated a 35+ contract if the players age on the first year of the contract is 35 or older
(as of June 30 prior to the year of the effective contract).
35+ contracts that are two years in length or longer and:
1. Have a signing bonus in the 2nd or later year, OR
2. Are front-loaded
Will not benefit from a reduced cap hit regardless of the players location of play, termination, retired status, or a buyout. This rule was introduced by the NHL to prevent teams from backloading contracts past when the player was expected to retire. An exception to this rule is that a team will receive a $100,000 cap hit reduction if the player is on the 2nd or later year of the contract and assigned to the minors