The Los Angeles Kings have reached a settlement with forward Mike Richards in the ongoing dispute over the termination of his contract, TSN's Rick Westhead reports.

The settlement is likely to be made official Friday.

The Kings voided Richards' contract in June after the veteran was questioned at the U.S.-Canada border and was later charged with possession of a controlled substance.

The NHLPA filed a grievance on Richards' behalf in August, contesting the termination of his deal, which had five years and $22 million remaining.