That report is backed up by top insider Elliotte Friedman, who recently stated that he believes Kane will be out, and not just for a short stint on the sidelines either.
Now, all signs are clearly pointing towards a major stint on the sidelines for Kane, and if that is the case, the Oilers will free up plenty of salary cap space to give them major flexibility as the 2024/25 season approaches. Nothing is yet guaranteed however, and given the talent the Oilers have brought in to their forward group this summer, anything could happen, so keep a close eye on this situation as it continues to develop.