July 30, 2014 9:49 am

Dwight King signs for three years, $5.85M

Dwight King has signed a three-year contract with the Kings that contains an average annual value of $1.95 million per year, LA Kings Insider has learned. The agreement avoids an arbitration hearing, which had been set for Friday. Elliotte Friedman of Sportsnet was the first to report King’s signing.

A fourth round pick by the Kings in 2007, the 25-year-old left wing set career highs across the board in his first full 82-game season, finishing with 15 goals, 30 points, 18 penalty minutes, a plus-16 rating and 111 shots on goal in 77 games. He recorded a 13.5% shooting percentage and a healthy 58.5% Corsi-for percentage that ranked fifth amongst L.A. forwards.

King also earned Darryl Sutter’s trust on the penalty kill. After accumulating a total of two minutes and seven seconds of career shorthanded time entering 2013-14, he averaged 1:16 of shorthanded ice time per game in 2013-14.

In 157 career regular season games, King has 24 goals and 54 points. He has 10 goals and 24 points in 64 career playoff games.

According to financial information provided by CapGeek.com, the Kings now have 24 players signed for a total of $69.44 million. By the start of the season, they will need to have 23 players on the big club whose average annual values do not breach $69 million. Keep in mind Andy Andreoff, who carries a $550,000 cap hit, and Brayden McNabb, who carries a $650,000 cap hit, are not amongst the 24 players referenced. Both have a very good shot at making the team.

With King signed, only two arbitration-eligible restricted free agents across the NHL are yet to reach a contract agreement with their clubs: Montreal’s P.K. Subban (whose arbitration hearing is scheduled for Friday), and Pittsburgh’s Nick Spaling (whose arbitration hearing is scheduled for Thursday).

This summer’s re-signings:
Marian Gaborik (UFA): 7 years / 34.125M
Matt Greene (UFA): 4 years / 10M
Jeff Schultz (UFA): 2 years / 1.7M
Brayden McNabb (RFA): 2 years / 1.3M
J.F. Berube (RFA): 2 years / 1.125M
Andy Andreoff (RFA): 2 years / 1.1M

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