The Philadelphia Flyers have traded captain Mike Richards to the Los Angeles Kings in exchange for winger Wayne Simmonds, center Brayden Schenn and a second-round draft pick, according to multiple media reports Thursday.
Richards signed a 12-year, $69 million contract extension in 2007. During the past three seasons, the 26-year-old Richards has 84 goals and 124 assists while missing just four regular-season games. Richards had 7 goals and 16 assists in 23 playoff games in 2010 as the Flyers fell two wins short of a Stanley Cup.
In Simmonds, the Flyers grab a player who is less experienced but far less expensive. The 22-year-old Simmonds just completed his third season in the NHL, posting 14 goals and 16 assists in 80 games. Simmonds earned $525,000 last season and is now a restricted free agent.
Schenn, 19, was the fifth pick of the 2009 draft. He played in eight regular-season games with the Kings last season, picking up 0 goals and 2 assists during his time in the NHL. Schenn spent most of last season splitting time between the WHL and AHL.