Shane Doan

Report: Sharks won’t offer Doan more than three years


As we previously reported, Doan wants to play with the Phoenix Coyotes. However, it looks like he needs to feel comfortable with the team’s ownership situation first, so there’s still a chance that he could end up going elsewhere.

There have been reports that he wants a four-year, $30 million deal if he leaves Phoenix. It was also recently reported that Doan’s asking price is too high for the Detroit Red Wings.

It now looks like he would also have to compromise if he wants to play for the San Jose Sharks. Citing an NHL source, CSN California recently reported that San Jose isn’t prepared to offer him more than three years with an annual salary in the ballpark of $4.5 million.

That seems like a reasonable price for Doan and it makes sense given that, according to Cap Geek, the Sharks only have about $5.5 million worth of cap space. However, given that Doan is by far the best unrestricted free agent left on the market and there are plenty of teams with a ton of cap space, he might still end up getting a $30 million deal.

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.