Tag: Los Angeles Kings

Rich Clune

Preds’ Clune clears waivers, buyout coming


Predators forward Rich Clune cleared unconditional waivers on Sunday and will likely be bought out by Nashville.

Clune has one year remaining on his two-year, $1.7 million deal with a cap hit of $850,000.

According to Capfriendly.com, the buyout will cost the Preds $283,333 in each of the next two seasons.

“I’m very grateful for my years playing for the Nashville Predators,” Clune said via Twitter. I want to thank David Poile and the rest of the staff for everything. Most important my teammates and the fans mean the world to me. Thank you.

“Nothing changes, I plan on playing in the NHL next season and will continue my rigorous training regimen out in Los Angeles this off season.”

Clune spent most of the 2014-15 season with the AHL’s Milwaukee Admirals scoring six goals and 17 points to go along with 181 penalty minutes.

Parenteau, Fistric land on unconditional waivers

In addition to Mike Richards, Ducks’ defenseman Mark Fistric and Habs’ forward P.A. Parenteau have also been placed on unconditional waivers for the purpose of a buyout.

Fistric’s buyout will cost the Ducks $1.8 million over the next four years while Parenteau will cost the Habs $1.3 million each of the next two seasons.

Kings place Mike Richards on unconditional waivers

Colorado Avalanche v Los Angeles Kings

The L.A. Kings have placed Mike Richards on unconditional waivers for the purpose of a buyout, according to James Mirtle of The Globe and Mail.

According to Capfriendly.com, the buyout will cost the Kings $14.7 million over 10 years. He will count against the Kings’ cap through the 2024-25 season. Richards’ largest cap hit will come during the 2018-19 and 2019-20 seasons when he will account for $4.2 million against the cap in each season.

Richards’ decline in play saw him land on waivers during the 2014-15 season. After clearing he spent 16 games with the Manchester Monarchs of the American Hockey League scoring three goals and 11 assists.

The 30-year-old had five goals and 11 assists in 53 NHL games during the 2014-15 season to go along with a minus-10 rating.

Richards has five years remaining on his 12-year, $69 million contract.

After Lucic trade, Kings forced to let Sekera walk

Andrej Sekera

Teams looking at free agent defensemen should be pleased to hear this news — following Friday’s pre-draft acquisition of Milan Lucic, Kings GM Dean Lombardi announced the team wouldn’t be signing d-man Andrej Sekera to a contract extension.

The news, reported by ESPN, comes after L.A. expressed major interest in bringing the 29-year-old back. Sekera was acquired at the deadline from Carolina and impressed in a limited body of work; he only appeared in 16 games for the Kings before suffering a season-ending knee injury in late March.

Any chance the Kings had of retaining Sekera went out the window after inheriting Lucic’s $6 million cap hit, even with Boston picking up $2.7M of it.

Sekera will undoubtedly garner interest on the open market. Colorado has already expressed an interest in adding a left-handed defensemen and Sekera, who scored a career-high 44 points in ’13-14, would certainly fit the bill.

Just don’t expect him to come cheap. The UFA defenseman market is thin and Sekera will be one of the best available, almost certain to get a big raise from the $2.75 million he made annually on his last deal.

Trade: Busy Bruins send Lucic to Kings

Milan Lucic

The Boston Bruins continued a shockingly busy run of trades by sending Milan Lucic to the Los Angeles Kings for the 13th pick of the 2015 NHL Draft, prospect Colin Miller and backup goalie Martin Jones.

Lucic confirmed that he’s been traded to PHT’s Dhiren Mahiban.

With that, the Bruins have traded away Lucic, Dougie Hamilton and Carl Soderberg in what appears to be a bold rebuilding project. Strangely, they’re loading up on draft picks in the teens, as they now hold picks 13-15.

Update: The situation might be more promising for the Kings if LA Kings Insider’s Jon Rosen is correct about Boston retaining $2.75 million of Lucic’s salary in 2015-16:

Lucic has already reacted to the news:

Lucic, 27, has one year remaining on a deal that carries a $6 million cap hit. According to ESPN’s Joe McDonald, Boston retained $2.7 million of that in the transaction. Lucic can become an unrestricted free agent next summer.

The jokes are piling in, although some aren’t at Boston’s expense this time around:

Like many Bruins fans, Marc Savard just seems sad about today:

And the Bruins may not be done dealing yet:

Kings re-sign Toffoli, who gets a two-year bridge deal

Tyler Toffoli

From ESPN’s Pierre LeBrun:

So, a two-year bridge deal for Toffoli, the 23-year-old who had 23 goals and 26 assists last season for the Kings. He also contributed seven goals and seven assists during the 2014 run to the Stanley Cup.

Toffoli will be a restricted free agent when this new contract expires. He’s just finishing up his entry-level deal.

Now that Toffoli’s locked up, expect GM Dean Lombardi to focus on getting backup goalie Martin Jones signed. A few weeks ago, Lombardi called it a “priority” to get those two under contract.

The Kings would also like to re-sign UFA d-man Andrej Sekera.