Sidney Crosby #87 of Canada celebrates with his captain Scott Niedermayer #27 after scoring the matchwinning goal in overtime past Ryan Miller #39 of the United States during the ice hockey men's gold medal game between USA and Canada on day 17 of the Vancouver 2010 Winter Olympics at Canada Hockey Place on February 28, 2010 in Vancouver, Canada.
(February 27, 2010 - Source: Alex Livesey/Getty Images North America)

‘Productive’ meetings wrap in Sochi, but no NHL participation agreement yet


It’s still not official that NHL players will be at the 2014 Winter Olympics in Sochi, Russia, but things are trending in the right direction.

“We had two productive days of meetings in Sochi,” said NHL deputy commissioner Bill Daly, per “Saw and visited all the hockey venues, the Olympic Village and other key Olympics-related infrastructure. We met with the Sochi Organizing Committee, the IIHF and a number of IOC representatives. There is more work to be done, but it was an important trip for us to make.”

Meanwhile, IIHF president Rene Fasel said he remains “optimistic about the NHL’s participation in Sochi” and hopes an agreement between all the parties can be reached by “latest beginning of May.”

Video: Bettman, Fasel discuss ‘constructive’ Olympic participation meeting

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.