The Kings have signed goaltender Peter Budaj to a one-year contract, Kings President/GM Dean Lombardi announced today.

The 30-year-old Budaj is a native of Banska Bystrica, Slovakia who appeared in 19 regular-season games last season with St. John’s (AHL) where he compiled an 0-9-6 record with a .888 SV% and a 3.55 GAA.

Budaj has appeared in 296 regular-season games in nine seasons in the NHL with Colorado and Montreal registering a 124-107-36 record.

The Ducks have signed defenseman Simon Despres to a five-year extension, the team announced Friday.

The deal is worth $18.5 million, an average of $3.7 million per season, a source told ESPN.com. The contract runs through 2020-21.