The San Jose Sharks and former forward Evander Kane have settled a grievance over his contract termination last season before the matter went to arbitration.

The NHLPA filed a grievance on behalf of Kane in January after the Sharks terminated his deal, citing a breach of his contract and a violation AHL COVID-19 protocols. Kane was in the fourth year of a seven-year, $49 million contract that paid him $7 million on average annually.

Kane signed a free-agent contract with the Edmonton Oilers last season and then signed a four-year extension with the Oilers this summer.

An NHL source tells ESPN that the settlement is expected to bridge the gap between the money owed Kane by the Sharks and the money he's making on his new deal with the Oilers.