Sportsnet's Elliotte Friedman reported the news, and Richards could be claimed by/traded to another team or sent to the club's AHL affiliate, the Manchester Monarchs.
The Kings had an opportunity to use an amnesty buyout on Richards' hefty contract this past offseason but chose to show faith in Richards. It did not work out, as the struggling Kings could no longer justify a fourth-line center with a $5.75 million salary-cap hit through 2020.
Richards will turn 30 years old next month, another factor that will make it difficult for any team to take on his contract for the next five seasons.
Still, Richards is a two-time Stanley Cup champion who could be useful in a more expanded role on another team. He had 112 goals in his final four seasons with the Philadelphia Flyers before a trade sent him to Los Angeles in 2011, but that feels like a lifetime ago.
Where could Richards land between now and the deadline to claim him on Tuesday at noon ET? Here are five potential places Richards could be calling home in the near future.
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Article Source: Bleacher Report - Los Angeles Kings