Simon Gagne is on the market, but according to reports from Los Angeles, he won't be heading to the Kings.

Here's Rich Hammond of LA Kings Insider:

Incidentally, something I neglected to mention in the previous post is that according to a team source, the Kings no longer consider themselves in the market for Philadelphia’s Simon Gagne. So everything is right…back…to…square one.

The Kings reportedly backed out of the Ilya Kovalchuk sweepstakes this weekend, and there's one report saying Kovalchuk is on his way back to New Jersey. We'll see what happens, but it appears the team thought to be the front runner for Gagne is out of the mix.