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Kings make Greene buyout official, trade action heats up in advance of NHL draft

On a day filled with surprising trades around the NHL, the Kings made a move on Friday that was expected, officially announcing they had bought out the contract of defenseman Matt Greene. They had taken the first step toward that move when they put him on waivers 10 days ago.

Greene, a rugged defender and locker-room leader, had one year at $2.5 million left on his contract. The Kings will carry a salary cap hit of $833,333 for each of the next two seasons.

Injuries have plagued the Grand Ledge, Mich.