Report: Kings activate Greene off IR for purpose of buyout
Los Angeles Kings defenseman Matt Greene has been activated off injured reserve for the purpose of a buyout, Jon Rosen of LAKingsInsider.com reported Tuesday.
Greene was placed on injured reserve in late January after suffering a back injury. Under the current collective bargaining agreement, players who are injured can't be bought out.
He has one year remaining on his current four-year, $10-million deal and is owed $2.5 million next season.
According to Cap Friendly, if the Kings buy out Greene, they'd owe the 34-year-old $833,333 in both the 2017-18 and 2018-19 seasons.
If the #Kings do indeed buyout d-man Matt Greene, here's how it would break down against LA's cap over the next two seasons. pic.twitter.com/5qfp9O9Nmj
— CapFriendly (@CapFriendly) June 13, 2017
The 34-year-old has played the last nine seasons with the Kings and has posted 16 goals and 67 points in 464 games.
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