All three were placed on unconditional waivers Sunday for the purpose of buying them out.
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The person spoke on the condition of anonymity because the teams have not announced the decisions. If he becomes a free agent, Richards likely will get lowball contract offers.
He is in the midst of a $69 million, 12-year contract which runs out in 2020. To the tune of “Money for Nothing”, the Kings will pay Richards $14.67 million over coming decade.
General manager Dean Lombardi who believed Richard’s perseverance could bounce him back to his level of play decided not to use a compliance buyout last summer for the veteran out of his loyalty to the player. On Friday, L.A. acquired top-line forward Milan Lucic in a trade with Boston.
He also scored one goal and had one assist in eight playoff games.
Parenteau will count $1.33 million against Montreal’s cap for the next two years after the buyout, while Fistric will carry a small cap charge for the next four years for Anaheim at almost $413,000 per season.
Parenteau had an undeniably disappointing season, however his season pace would still put him at 32 points over 82 games, sixth on the team among forwards.
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The Anaheim Ducks placed defenceman Mark Fistric on unconditional waivers as well and forward Richard Clune of the Predators cleared waivers and will be bought out.
