The glow of the 2014
But loyalty proved to be costly in more ways than one.
On Sunday, the Kings placed Richards on unconditional waivers, moving toward buying out the hefty remaining contract. The salary cap hit will be on the Kings' books through the 2024-25 season.
Richards has five years remaining on his contract -- the one he signed when he was with the
Especially problematic for the Kings will be the buyout cap hit in the third and fourth years, $4.216 million and $4.216 million, according to the website capfriendly.com.
The drop-off in his career has been swift considering his championship pedigree: Richards won two Stanley Cups with the Kings, reached the Cup final with the Flyers and won Olympic gold with Team Canada at Vancouver in 2010.