A day after their parade to celebrate this season’s
Already in effect, the buyout period for contracts is open until June 30.
Compliance buyouts offer a rare opportunity — coming out of the last collective bargaining agreement — to make heavy salary-cap hits go away. The Kings have a player who fits that category in center
After a fairly poor second half of the regular season, Richards gave them a lot in the postseason on the fourth line with
What might look to be a smart financial move — to buy out the contract because they will need money to sign unrestricted free agent
The mechanism permits an organization to buy out a player's contract but not have it count against the salary cap. This follows the same formula as garden-variety buyouts — in the case of Richards, who is 29, two-thirds of the remaining value of the contract would be paid out over the time frame of twice the remaining length of the contract.
It’s a perennial juggling act for Kings President and General Manager
Lombardi’s loyalty to his players is well-known and runs deep. He does understand that since Richards came over from the
"When I talk about my teammates and how we've grown that bond, it's something that you can't do over the course of two months," Brown said Monday. "A big reason why we have the bond we have is because of Dean and his staff.
"…He's a big reason why we could stick together and we've been together for hundreds of games and multiple years and that allows us to hopefully bring more of these [Cups] home."
If Lombardi sticks to his track record, he will try his hardest to keep Richards and make the other pieces fit. Other less sentimental general managers would likely take the easier, colder route and give him a compliance buyout.
But Lombardi has always done things in his own way, and because of that, Richards — who has won at every level — might not get bought out.
It will be much more difficult to fit in Greene and/or Mitchell, even with the salary cap increasing next season. Greene turned down a contract offer during the regular season. Mitchell turned 37 on April 23, and is believed to be looking for a two-year deal. He might explore options elsewhere if the Kings can only offer one year.
Gaborik looms as the No. 1 off-season priority. Acquired at the trade deadline from the
But there's no way the Kings can afford his current $7.5-million salary and make all the other numbers work.
The big question: Are the Kings positioned to make another run deep into next year's postseason? There are factors that cannot be predicted, of course. But most of the core players are signed.
When the Kings won the Cup in 2012, the main priority was to get goalie
Their biggest areas of concern last summer were taking care of Brown and defenseman