LA Kings Salary Cap Update After Trevor Lewis Signing, Next Steps

Lombardi Dean LA Kings GMKings GM Dean Lombardi and VP/capologist Jeff Solomon have been working overtime the past week and it’s helped bring some initial clarity to the team’s salary cap situation. After the signing of forward Trevor Lewis to a four-year, $8M deal, here is how things most likely look for the 2016-17 roster (at the moment):

LA Kings 2016-17 Projected lineup

cap hit 2016-17

$67,389,393 SUB-TOTAL

Now, remember to add in a $1.57M penalty for the termination of Mike Richards’ contract…

$68,959,393 PROJECTED TOTAL WITH PENALTY

Thus, with the salary cap having an upper limit of $73 million next season, the Kings have some – but not much – wiggle room to make upgrades. Specifically, they have a maximum of about $4M to play with at the moment.

Lombardi recently talked about wanting to go outside the organization to get some help for the backup goaltending spot. There isn’t much money available to do something like that if they plan on upgrading the offense or defense. Jack Campbell, who was acquired over the weekend, is going to need a new contract this summer. Fortunately, he’s not likely to get much of a raise from his current deal. This could put him in line to be an option over Budaj from a price standpoint. However, basing a decision today off or recent play (i.e. last season), Budaj has earned the job over Campbell. We also don’t see a long line of experienced NHL backups stepping up to take a contract as low as Budaj’s. If the Kings have to pay $800K-1.2M for a different backup, that would likely mean more than one current roster player would have to be moved first.

Looping back to our article from a few days ago, sources inside the Kings have shared with MayorsManor a plan to trade one (or possibly more) of the bottom six forwards to help shed some salary. Dwight King is at the top of the list (see here), which would clear $1.95M – pushing their available dollars up to about $6M. Without clearing more money, that would pretty much be about what they could offer somebody like Kyle Okposo (again, see here) as an potential new winger for Anze Kopitar.

There has also been some information shared with us about putting Rob Scuderi on waivers. If they do that and he doesn’t clear waivers – barring an unexpected retirement – he would be sent to the AHL. Yet, that would really only offer a few hundred thousand dollars in cap relief. Burying an NHL contract in the minors will only offer $950K in cap relief. Meaning, you can try doing this with either Scuderi or Matt Greene, and you’re really only freeing up enough cap room for somebody like Derek Forbort (or a similarly priced defenseman).

One final comment for those bemoaning the Lewis extension… it actually makes sense on multiple levels. First off, he took a steep discount to stay.

Also, Lewis is a proven player. He’s versatile – can play any of the three forward spots and can play up a line or two in spot duty, when needed. He also helps bring a solid defensive game to a team built on (and needing more) defense to make up for an overall lack of offense. Further, you can’t criticize Nick Shore for not scoring and simply say they should just replace that spot with a free agent making $4M. As a cap team, the Kings simply can’t afford to pay somebody $4M to be their third line center. Chew on this for a quick minute… the Kings won Cups in 2012 and 2014 with Jarret Stoll and Mike Richards largely filling that spot. How many goals did Stoll score? Nevermore than eight in either of those seasons. Richards? He scored 11 goals in 2013-14.

What’s coming next, you ask? Most likely some trades. Then a new forward for Kopitar.

THIS IS A MUST-READ: Kings Trade Predictions

Instagram

Note to webmasters/reporters: When recapping news or interviews from this site please remember to include a link to www.MayorsManor.com

Recent Articles

July 2017: Update on LA Kings Salary Cap Situation and Roster Projection

Fresh on the heels of forward Nick Shore and the Kings agreeing to new one year contract, with an average annual value (AAV) of $925,000, we have updated our look at the team’s current salary cap situation.
2017-18 LA Kings Projected Opening Night Roster (with important notes at the end of the article)
 

Cammalleri
Kopitar
Brown

1,000,000
10,000,000
5,875,000

 
 
 

Pearson
Carter
Toffoli

3,750,000
5,272,727
4,550,000

 
 
 

Kempe
Dowd
Brodzinski

894,167
650,000
950,000

 
 
 

Clifford
Shore
Lewis

1,600,000
925,000
2,000,000

 
 
 

Nolan
Andreoff
 

950,000
677,500
 

 
 
 

 
 
 

Muzzin
Doughty
 

4,000,000
7,000,000
 

 
 
 

Martinez
LaDue
 

4,000,000
1,500,000
 

 
 
 

Forbort
Gravel
 

650,000
950,000
 

 
 
 

Folin
 
 

850,000
 
 

 
 
 

 
 
 

Quick
Kuemper
 

5,800,000
650,000
 

 
The above 23-man roster […]

NHL Radio Replay: Hoven’s Kings Updates – Thornton, Brown, Phaneuf, Bernier, Iginla, etc.

Follow @mayorNHL
//
Enjoy a free replay of John Hoven on NHL Network Radio, where he joined host Nick Alberga of Ice Cap to discuss a plethora of topics surrounding the LA Kings roster heading into free agency, including: Joe Thornton of the San Jose Sharks, Dustin Brown-for-Dion Phaneuf trade speculation, goaltender Jonathan Bernier, forward Jarome […]

Yannetti Evaluates Kings Selections from 2017 NHL Draft

Although the Los Angeles Kings have gone through significant upheaval in their management ranks over the past few months, the 2017 NHL Draft was largely business as usual. While GM Rob Blake was present at the draft table, the event was largely run by Mark Yannetti, Director of Amateur Scouting – just as it has […]

Major News Items

LA Kings 2017 Mid-Season Prospect Rankings: Top Two Players Revealed

The wait is over; it's time to reveal the top two players on our 2017 Mid-Season Prospect Rankings. Which player has earned the coveted No. 1 spot? As we finish off this multi-part series, we'll begin with a thank you … [Read More...]

More Prospect News

Comments

  1. ” Burying an NHL contract in the minors will only offer $950K in cap relief. ”

    Worth noting though that Scuderi clearing waivers and leading to a cap savings of $950k saves most of his contract since the Kings are only on the hook for ~$1.1m as Pitt. and Chicago are picking up up most of it. And as you note he might retire, which would save even more.