Evander Kane is not going anywhere.

The 30-year-old forward announced on social media that he is returning to the Edmonton Oilers on a four-year contract worth $5.125 million per year. 

Edmonton Oilers' Evander Kane celebrates during a game

Edmonton Oilers' Evander Kane (91) celebrates a goal against the Colorado Avalanche during the second period of an NHL hockey game in Edmonton, Alberta, Friday, April 22, 2022.  (Jason Franson/The Canadian Press via AP)

Kane played in 58 games during the regular season and postseason and scored 35 goals and posted 21 assists, amassing 56 points and nearing a point-per-game pace playing alongside Connor McDavid. Kane signed with the Oilers in late January following the termination of his contract by the San Jose Sharks.

The Sharks said Kane violated COVID-19 protocols in the AHL. Kane was in the fourth year of a seven-year, $49 million contract that paid him $7 million annually. This came after the forward served a 21-game suspension for submitting a fake vaccination card. 

NHL FREE AGENCY: PENGUINS SIGN EVGENI MALKIN TO FOUR-YEAR CONTRACT

Evander Kane celebrates scoring a goal by raising his hockey stick in the air

Evander Kane #91 of the Edmonton Oilers celebrates after scoring a goal on Darcy Kuemper #35 of the Colorado Avalanche during the first period in Game One of the Western Conference Final of the 2022 Stanley Cup Playoffs at Ball Arena on May 31, 2022, in Denver, Colorado.  (Photo by Harry How/Getty Images)

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM

"I want to thank the Edmonton Oilers for giving me an opportunity to REMIND people who I am as a player and a person," Kane wrote on social media. "A big part of my decision to stay in Edmonton was because of the opportunity given to me only 7 months ago but also the chance to be apart of [sic] a championship team."

"I want to win, and I believe after signing this deal we will be able to add the right pieces along with myself to accomplish that goal, a championship."

Kane is a former No. 4 overall draft pick by the Atlanta Thrashers in 2009 and has amassed 545 points on 286 goals and 259 assists throughout his career. Edmonton is the fourth franchise for which Kane has played in his career.

CLICK HERE TO GET THE FOX NEWS APP

Oilers, wearing blue, orange and white jerseys, celebrate a goal

Edmonton Oilers winger Evander Kane, second right, celebrates his goal with teammates during the second period of an NHL hockey Stanley Cup second-round playoff series game in Edmonton, Alberta, Sunday, May 22, 2022. (Jeff McIntosh/The Canadian Press via AP)

The Oilers have been active thus far this offseason: trading Zach Kassian to the Arizona Coyotes in exchange for draft picks, signing forward Brad Malone to a two-year contract extension, losing defenseman Duncan Keith when he announced his retirement from hockey, and signing Kane to a new contract as they prepare for their pursuit of the Stanley Cup next season. 

Fox News' Ryan Canfield contributed to this report