Richards has been placed on waivers, James Mirtle of The Globe and Mail reports. It is assumed that once Richards clears waivers, he will be bought out by the Kings, which will be a big hit to their salary cap as he had a deal that lasted though the 2021-22 season. After the buy out, however, it is very likely a team still has interest in Richards given that he can still be a solid contributor and it will now be for a cheaper price. Richards scored five goals and recorded 11 assists in 53 games with Los Angeles over the 2014-15 season.