Report: Doan wants four years, $30 million if he leaves Phoenix


According to David Shoalts of the Globe and Mail, longtime Coyotes captain Shane Doan wants a lot of money if he leaves the desert.

Shoalts’ source claims Doan is looking for $30 million over four years — $7.5 million annually — should he not re-sign with Phoenix.

The same source also predicted a team would “cough up a four-year deal in the $7-m range” for the 35-year-old, a significant price considering Doan’s last deal was a five-year contract that paid $4.55 million annually.

It’s obvious Doan’s summer-long tease has played a part in this asking price. A number of interested suitors emerged throughout the offseason, with one mystery Eastern Conference team reportedly offering a four-year, $30 million deal back in mid-July, even though Doan (at the time) had stated a preference to stay out West.

Since then, reports have claimed that Pittsburgh’s made an offer and that Doan’s visited with both the Rangers and Flyers (see here and here.) The Canucks are still rumored to be interested and, of course, there’s still the possibility of Doan sticking with the Coyotes.

That part of the drama will unfold further on Friday,when Doan meets with prospective Coyotes owner Greg Jamison about the future of the club.

So, do the math. A number of suitors + Rick Nash being traded + Alex Semin signing for $7 million + quiet on the Bobby Ryan front = significant demand for Doan.

Thus explaining his significant monetary demands.

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.