Bruce Kluckhohn / National Hockey League
June 30, 2015 10:30 am

Sharks land Jones

Martin Jones’ career as a Boston Bruin was short lived. The former King has been traded from Boston to San Jose in exchange for a 2016 first round draft pick and unsigned prospect Sean Kuraly, Pierre LeBrun of reported Tuesday. Not that Pierre needs any confirmation, but others have also reported the trade to be a done deal (as have the Sharks). This is an exchange that may not […]

June 30, 2015 9:54 am

Development camp opens next week

Good morning, Insiders. Back to our regularly scheduled programming… Development camp will take place next week at Toyota Sports Center. After the prospects check in Sunday evening, on-ice sessions will start on Monday, July 6. Media availability will follow on Tuesday, July 7. As always, LA Kings Insider will be on hand to continue to familiarize the fanbase to the club’s prospect group. Because this is development camp and not […]

Dave Sandford / National Hockey League
June 29, 2015 1:50 pm

McKenzie: Kings to face cap recapture penalties

News today is quite fluid as implications of today’s developments are clarified, but it does appear there is an update on the Kings’ cap situation in light of the decision to terminate Mike Richards’ contract. After termination of Mike Richards' contract, LAK face cap recapture penalty of $1.32M per year for each of the next five years. — Bob McKenzie (@TSNBobMcKenzie) June 29, 2015 So the key takeaway here is […]

Noah Graham / National Hockey League
June 29, 2015 12:35 pm

What we know: A few minor details

We’re likely a long way towards any final resolution here, but this is what we know: -Mike Richards’ contract has been terminated “for a material breach of the requirements of his Standard Player’s Contract.” Relevant section of the CBA, re: Richards — — Elliotte Friedman (@FriedgeHNIC) June 29, 2015 -As many on Twitter have noted, there’s going to be more to come here. The NHLPA will almost certainly become […]

Noah Graham / National Hockey League
June 29, 2015 11:47 am

Kings terminate Richards’ contract

Here is the entirety of a Kings release that was issued shortly after 11:30 a.m. PT: LOS ANGELES — The Los Angeles Kings have terminated the contract of forward Mike Richards, the club announced today. The club has issued the following statement and will not comment any further at this time: “The Los Angeles Kings today have exercised the team’s right to terminate the contract of Mike Richards for a […]

Bruce Bennett / Getty Images Sport
June 29, 2015 10:14 am

Qualifying offers go out

There were no surprises from the Kings’ El Segundo headquarters this morning, as the Kings’ six remaining restricted free agents were all qualified, as noted by Lisa Dillman: Per Kings, have issued qualifying offers to : Andreoff, Crescenzi, Dowd, LoVerde, Shore, Weal. — lisa dillman (@reallisa) June 29, 2015 Nothing to see here. By qualifying a player, a team indicates its intention to maintain their rights and open up negotiations. […]

Noah Graham / National Hockey League
June 28, 2015 10:11 am

Reports: Richards on waivers

Mike Richards has been placed on waivers, via the reports below. It is expected that this would begin the process of buying out the 30-year-old’s contract. In 257 regular season games with Los Angeles between 2011-15, Richards totaled 46 goals and 133 points. In 61 playoff games between 2012-14, he totaled 10 goals and 37 points and captured two Stanley Cups. Should the Kings complete the process and buy out […]

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