King is free to continue to negotiate a contract with the Kings up until his arbitration date. If he agrees to term with the Kings and signs the contract, the hearing will not take place. If It does go to a hearing, then both sides will submit a proposed salary, and the arbitrator can choose one of the salaries or pick a salary somewhere in the middle.
Via Jon Rosen of lakingsinsider.com
“Last year, Jake Muzzin, Alec Martinez, Jordan Nolan and Trevor Lewis filed for arbitration on July 10. Muzzin signed a two-year contract on July 12, Martinez signed a two-year contract on July 14, Nolan signed a two-year contract on July 19, and Trevor Lewis signed a one-year contract on July 23.
King is coming off a two-year, 1.5-million dollar contract signed in July, 2012. The 6-foot-4, 230-pound forward set career highs across the board with 15 goals, 15 assists, 30 points and a plus-16 rating.
The Kings have 22 players signed for the upcoming season, totaling 66.8 million dollars of salary cap payroll. They will need to have 23 players on the active roster whose contracts’ cumulative average annual values add up to less than 69 million dollars by the start of the 2014-15 season. Defenseman Brayden McNabb and forward Andy Andreoff are unsigned restricted free agents.”
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