Financials Archives - Page 3 of 3

Via TSN's Bob McKenzie, Matt Greene has been placed on waivers, likely for the purpose of a buyout. Greene, 33, was limited to three games in 2015-16 because of a shoulder injury that necessitated surgery in December. The alternate captain returned to practice in a limited capacity late in the ye... Full Story

Kings won’t qualify Roach, Kitsyn, Bartosak

Jon RosenJune 27, 20160 Comments

Contracts and FinancesProspects and Scouting2 min read

A Kings hockey operations source informed LA Kings Insider this morning that the team will not qualify defenseman Alex Roach, forward Maxim Kitsyn or goaltender Patrik Bartosak. The deadline to qualify restricted free agents is 2:00 p.m. PT. It is expected that remaining RFAs Nic Dowd, Derek Forb... Full Story

The $73M salary cap and how it affects the Kings

Jon RosenJune 21, 20160 Comments

Contracts and FinancesNHL News1 min read

The NHL and NHLPA jointly announced a $73M salary cap ceiling on Tuesday afternoon, a figure that began to come into focus by virtue of Renaud Lavoie's report last week that the NHLPA was expected to exercise its 5% escalator clause. The rise is a modest $1.6M increase from last year's cap of $71.4M... Full Story

Lecavalier officially announces retirement

Jon RosenJune 21, 20160 Comments

AlumniContracts and FinancesNHL News4 min read

Veteran center Vincent Lecavalier, who had confirmed at the conclusion of the season that he would retire, officially announced his retirement on Tuesday by issuing a statement that thanked the Lightning and Kings in addition to members of his family, his agent and former teammates and coaches. L... Full Story

Mike Richards signs one year deal with Capitals

Jon RosenJanuary 6, 20160 Comments

Contracts and FinancesKingsVisionVideo2 min read

The Washington Capitals have signed former Los Angeles Kings center Mike Richards to a pro-rated one-year, $1-million contract that will cost $500,000 against the salary cap. Richards, a two-time Stanley Cup winner with Los Angeles, reached a financial settlement with the club after his contract ... Full Story

In moves, Kings make changes to center depth, defense

Jon RosenJanuary 6, 20160 Comments

Contracts and FinancesTrades5 min read

The Los Angeles Kings made a trade and a roster move that they believe will bolster their blue line and center depth, sending center Jordan Weal and a third round draft pick to the Philaelphia Flyers in exchange for righthanded defenseman Luke Schenn and veteran center Vincent Lecavalier. The Fly... Full Story