Kings Terminate Richards Contract - Update - Formally charged by RCMP

[pixburgher66]

Stoll gets contract (although not with Kings), Voynov paying his way through prison, Kane under heavy suspicion...and the guy taking an oxy over the border gets terminated. Yep.

 

[davnlaguna]

So four possible outcomes
Kings win Richards screwed
Richards made a King again and kings buy him out in a year
Richards bought out now and kings get stuck with buyout cap hit now
Some agreement that makes the NHL look even more foolish

 

[Bloody Brian Burke]

So four possible outcomes
Kings win Richards screwed
Richards made a King again and kings buy him out in a year
Richards bought out now and kings get stuck with buyout cap hit now
Some agreement that makes the NHL look even more foolish

Still won't look as foolish as Lombardi does for not buying this contract out last summer.

 

[forty_three]

So four possible outcomes
Kings win Richards screwed
Richards made a King again and kings buy him out in a year
Richards bought out now and kings get stuck with buyout cap hit now
Some agreement that makes the NHL look even more foolish

Well, that's a given.

 

[dash]

SportsCentre @SportsCentre
JUST IN: @rcmpmb announces Mike Richards charged for possession of controlled substance while entering Canada (1/2).

SportsCentre @SportsCentre
RCMP Manitoba adds that Richards will appear in court Sept. 10 (2/2).

 

[jstewismybastardson]

had Mike Richards already been through the substance abuse program before this incident?

 

[davnlaguna]

had Mike Richards already been through the substance abuse program before this incident?

I don't know nor do I think that is the reason the Kings canned him. We can agree that if he didn't suck and didn't have a horrid contract this would be swept under the rug. However he did suck and did (does) have a horrid contract. Then he gets caught doing something stupid. Kings say thank you and goodbye. NHLPA will fight this and I think based on this they could win. The other stupid thing he did not was hide it from the team. Sure it is a technicality but the Kings are going to claim he intentionally hid information from them that harmed the team.

 

[sherbert1421]

the kings lucked out big time. I don't see how the nhlpa is going to win this

 

[sabresfaninthesouth]

TSN seems to think the NHLPA likely has the upper hand. Perhaps most intriguing to me is what happens if the NHLPA wins their case. The Kings were planning to buy Richards out before they went for the termination route. So if the arbitrator rules the Kings can't actually terminate his contract, does the league - and NHLPA - allow them to do a buyout even though they're outside of the buyout window, given the unusual circumstances?

http://www.tsn.ca/talent/richards-case-against-kings-after-charge-1.353065

 

[davnlaguna]

TSN seems to think the NHLPA likely has the upper hand. Perhaps most intriguing to me is what happens if the NHLPA wins their case. The Kings were planning to buy Richards out before they went for the termination route. So if the arbitrator rules the Kings can't actually terminate his contract, does the league - and NHLPA - allow them to do a buyout even though they're outside of the buyout window, given the unusual circumstances?

http://www.tsn.ca/talent/richards-case-against-kings-after-charge-1.353065

I think that this gets settled prior to arbitration. I do think the NHLPA has a strong case. They don't have an unbeatable case. There is a chance the Kings could win. The Kings would be willing to lose in arbitration because if they win it gives a lot of power to the owners. The NHLPA can't let that happen. If they win Richards gets money, if they lose more teams will try this on lots of stupid things players do. Goodbye guarantee contracts

 

[DragonfromTO]

the kings lucked out big time. I don't see how the nhlpa is going to win this

There are policies regarding this type of stuff that have been collectively bargained. The Kings basically threw them aside and did what they wanted to instead. I don't see why you would think the PA doesn't have a case.

 

[DevilishWon]

the kings lucked out big time. I don't see how the nhlpa is going to win this

Easy the Kings violated the collective bargaining agreement

 

[pixburgher66]

the kings lucked out big time. I don't see how the nhlpa is going to win this

I'm pretty much in the other boat. Precedent, CBA, stand up in court pretty well. Kings didn't abide by those things.

 

[Bloody Brian Burke]

Kings, Richards working on settlement

 

[forty_three]

Kings, Richards working on settlement

Does it involve custody of Jeff Carter?

 

[dash]

If a settlement is reached, there's no word yet on what salary cap penalties the Kings would still face. There's bound to be something, but not likely as onerous as the full value of Richards' contract, which carries with it a cap hit of $5.75 million. If there's a settlement, Richards would undoubtedly become a free agent though there's no telling at this point what monies he would be entitled to from the Kings in a settlement.

I just don't know, Lombardi had the chance for an amnesty buyout and passed, all I can say is I won't be pleased if the Kings still don't have some kind of cap hit once the dust settles.

 

[pixburgher66]

If a settlement is reached, there's no word yet on what salary cap penalties the Kings would still face. There's bound to be something, but not likely as onerous as the full value of Richards' contract, which carries with it a cap hit of $5.75 million. If there's a settlement, Richards would undoubtedly become a free agent though there's no telling at this point what monies he would be entitled to from the Kings in a settlement.

I just don't know, Lombardi had the chance for an amnesty buyout and passed, all I can say is I won't be pleased if the Kings still don't have some kind of cap hit once the dust settles.

Oh helllll no. If they get out of his entire cap hit because of this...

 

[Bloody Brian Burke]

If a settlement is reached, there's no word yet on what salary cap penalties the Kings would still face. There's bound to be something, but not likely as onerous as the full value of Richards' contract, which carries with it a cap hit of $5.75 million. If there's a settlement, Richards would undoubtedly become a free agent though there's no telling at this point what monies he would be entitled to from the Kings in a settlement.

I just don't know, Lombardi had the chance for an amnesty buyout and passed, all I can say is I won't be pleased if the Kings still don't have some kind of cap hit once the dust settles.

I just dislike this all around. The contract is either valid or it isn't. Quoting Bob:

"A negotiated settlement makes sense for both parties. If it goes to arbitration, the arbitrator would rule in favor of one party or the other. So the Kings would either be free and clear of Richards' contract or they would be fully on the hook for the balance of the deal. Likewise, Richards would end up with either nothing or everything he's owed. So there's considerable risk for both sides in an arbitration."

Otherwise known as the same fucking rules everybody else has to play by. If we're opening contracts to negotiated settlements now, why can't the Flyers negotiate their way out of Vinny or Macdonald's deals? What's stopping the Jackets from trying to negotiate a buyout with Clarkson after the play him for 10 games and realize he's a donkey's ass on skates?

 

[Comeds]

Let me see what Zack Kassian is making before I give my opinion.

 

[dash]

Let me see what Zack Kassian is making before I give my opinion.

Offhand, I say he's making time with Montreal hotties comeds.