Dave Tippett

Report: Tippett’s new deal in Phoenix is a whopper


Phoenix getting head coach Dave Tippett to commit to them for five more years yesterday was quite the coup for the franchise whose future is still up in the air. To get him to come back, they may have had to pay up in a big way.

Sportsnet’s Nick Kypreos reports that Tippett’s five-year contract is worth $2 million per season and has a out clause after each season if he doesn’t like new ownership or relocation. If true, that’s the sort of deal you can command when you’re the coach who has, up until this point, saved hockey in the desert. That’s also the same kind of money Alain Vigneault is reportedly getting to coach the New York Rangers.

In four seasons as Coyotes head coach, Tippett is 156-96-42 and has led the team to the postseason in three of those years. To say he’s not worth that kind of cash would be wrong, but for a team that’s still having its financial decisions made by the league, it seems like a huge payout.

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
Leave a comment

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.