Kukla's Korner Hockey

Kukla's Korner Hockey

Details of Mike Richards settlement available

10/16/2015 at 10:13am EDT

From Sportsnet's Elliotte Friedman, via Pro Hockey Talk's Mike Halford:

Sometime this week, teams were informed of the breakdown for the Mike Richards settlement with the Los Angeles Kings.

The total payout is $10.5 million through the 2031-32 season, not 2030-31 as I originally reported. It is not evenly spread out over that time. The Kings chose to take the biggest hit this season.

The first five years feature an additional $1.32 million cap recapture penalty on top of the salary paid.


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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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