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Greene (back) was placed on waivers by the Kings in order to buy him out of the final year of his contract, Renaud Lavoie of TVA Sports reports.

The decision to buy out Greene was not unexpected, as Los Angeles was looking to save some cap room. The 34-year-old has played in just 29 games over the last two seasons due to injuries, so it wouldn't come as too much of a surprise if he opted to hang up his skates. If this is it for the Michigan native, he'll end his career with 615 games played, in which he recorded 17 goals and 63 helpers. Even if the two-time Stanley Cup champion does land with another club, it's unlikely that he'll offer much in terms of fantasy value. In order to be placed on waivers, Greene by rule must have been cleared from his back injury.

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