That's how cheap AEG was under Tim Leiweke and Kevin Gilmore. Thanks to them, the Kings nickel and dimed every player when it came to contract negotiations, thus the "Dumpster Dave" moniker came to existence. They lowballed Rob Blake, Luc Robitaille, Philippe Boucher, and signed the likes of Steve Heinze and Randy Robitaille, among other low budget free agent signings the Kings would make year-after-year (like replacing Stu Grimson with Ken Belanger).
When a big name would become a free agent, fans would get excited about the possibility of adding a big name, like Sergei Fedorov or Bill Guerin, but instead they'd wind up trading for the likes of Erik Rasmussen and Derek Armstrong and plugged them into top six roles.