The Los Angeles Kings have reportedly signed forward Teddy Purcell to a one-year contract worth $1.6 million, according to Sportsnet's Elliotte Friedman.

The 30-year-old recorded 43 points in 76 games last season split between the Edmonton Oilers and Florida Panthers, and he added a pair of goals during the Panthers' first-round playoff series against the New York Islanders.

Purcell is taking a significant pay cut after making $4.5 million per season the past three years, from a deal signed with the Tampa Bay Lightning in 2013.

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