The Los Angeles Kings' cap hit from the Mike Richards' settlement is $10.5 million spread out through 2031-32.
Mike Richards still hopes to play in the NHL.
Kings GM Dean Lombardi seems to have taken the entire Mike Richards' saga very personally.
NHL deputy commissioner Bill Daly says that the Los Angeles Kings did not circumvent the salary cap while terminating Mike Richards' contract.
Per the terms of the Los Angeles Kings' settlement with Mike Richards, the forward will reportedly receive payments through 2031.
The Los Angeles Kings and Mike Richards have officially reached a settlement, ending the NHLPA's grievance.
Mike Richards and the Los Angeles Kings are expected to announce a settlement agreement on Friday.
Mike Richards has had his court case pushed back to December 8th.
Mike Richards has been charged for possession of a controlled substance while entering Canada, according to RCMP Manitoba's Twitter account.
The NHLPA has filed a grievance on behalf of Mike Richards.
It's still not clear how Mike Richards' situation with the Los Angeles Kings will play out, but we should know much more by the end of August.
Mike Richards is officially listed as an unrestricted free agent.
Mike Richards isn't listed as a free agent on the NHL's official list.
According to a report by TMZ, Mike Richards was found with the prescription drug oxycodone by the Royal Canadian Mounted Police at the US-Canadian border.