Buffalo Sabres v Pittsburgh Penguins

Alexei Kovalev officially headed to KHL


There were plenty of rumors that Alexei Kovalev was headed to the KHL this summer. Now, we have official word that former Penguins’ skilled winger is headed to Atlant Mytishchi in Moscow. The newly signed deal will send Kovalev to his native Russia for the next two seasons and very likely could spell the end of his North American career. Some would say a year or two too late.

Kovalev was acquired by the Penguins midseason in hopes that he would inject some offense into a team that was replacing the likes of Evgeni Malkin and Sidney Crosby. In 20 games down the stretch, Kovalev only scored a pair of goals and five assists as he failed to meet short-term expectations in the Steel City. Atlant’s General Director talked about the move to bring Kovalev to Moscow (via Google Translate):

“We have long fought for Kovalev and we’re very glad that we could still come to terms with such a talented striker. We hope that Alex can reveal a wealth of potential in the Kontinental Hockey League, and thereby help to Atlant to fight for the highest places in the next championships.”

If this is truly the end of the NHL line for Kovalev, he’s had a great career in North America. Taking a brief look back, the insanely talented Russian has put up 428 goals and 596 assists in 1,302 regular season games. After bouncing between the New York Rangers and Pittsburgh Penguins a few times, he ended up in Montreal for parts of five seasons, Ottawa for parts of two, and finally back to Pittsburgh for his last 20 games. The 38-year-old was drafted 15th overall in the 1991 NHL Entry Draft by the Rangers and broke into the league during the 1992-93 season. Over the course of his career, he scored 20+ goals in twelve separate seasons including a 44 goal, 95 point campaign in 2000-01. For a man known for his inconsistency, he consistently put up goals just about everywhere he went.

It was no secret that the Penguins weren’t interested in bringing Kovalev back for the 2011-12 season. He was a disappointment for the Ottawa Senators for the majority of his two years in town and continued the trend when he reached Pittsburgh. He’s been on the free agent market since July 1st but there hasn’t been much interest in North America—and if there was, they weren’t willing to spend the same amount of money that the KHL offering.

He’ll be remembered as one of the most skilled players over the course of his career. Hockey fans would be hard pressed to come up with too many players who had more pure talent than Kovalev. Hopefully he’ll be able to regain the fire with Atlant Mytishchi.

Kings grab goalie insurance by signing Budaj

LOS ANGELES, CA - SEPTEMBER 22: Jhonas Enroth #1 and Peter Budaj #31 of the Los Angeles Kings stretch before a game against the Arizona Coyotes at STAPLES Center on September 22, 2015 in Los Angeles, California. (Photo by Andrew D. Bernstein/NHLI via Getty Images)
via Los Angeles Kings
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In slightly less interesting Los Angeles Kings news than the latest in the Mike Richards fiasco, the team handed Peter Budaj a one-year, two-way deal on Friday.

The veteran goalie’s contract pays $575K on the NHL level and $100K in the AHL (though it’s $150K guaranteed), according to Hockey’s Cap.

At the moment, it sounds like Budaj will be third on the Kings’ goalie depth chart. That says as much about how things have been going lately for Los Angeles than Budaj’s work on a PTO.

As noted above, one of the more significant moves in Budaj’s favor came when the New York Islanders claimed Jean-Francois Berube off of waivers this week.

The Kings actually waived Budaj before signing him, so this has to be a relief to a goalie with a fairly robust resume as a backup.

All apologies to Budaj, but it’s probably true that the Kings would prefer not to see him at the NHL level very often in 2015-16.

Kings, NHLPA announce settlement in Richards grievance

Los Angeles Kings v New York Rangers

The Los Angeles Kings announced today that they have “reached an agreement with Mike Richards to resolve the grievance filed in relation to the termination of his NHL Standard Players Contract. The terms are agreeable to all parties.”

The club said that it will not be commenting further “on the terms” of the settlement.

The NHLPA released a similar statement.

It was reported earlier in the week that a settlement was close to being reached; however, it wasn’t clear what salary-cap penalties the Kings would incur.

We’re starting to find out some details now:

How the final numbers differ from what the Kings would have incurred if they’d bought Richards out will be interesting to see. And if there are differences, how will they be justified?

Stay tuned.