Laich announced on social media Friday that he is retiring from professional hockey.

Laich was placed on unconditional waivers for the purpose of terminating his contract Sunday, Elliotte Friedman of Sportsnet reports.

Laich agreed to terms on a contract with Los Angeles on Thursday, Jon Rosen of Fox Sports West reports.

Laich had his PTO deal with Los Angeles expire Sunday, but will continue to practice with the team, LA Kings Insider Jon Rosen reports.

Laich will join Los Angeles for training camp on a professional tryout agreement.

Laich (elbow) was on the ice for an informal workout with the Kings on Wednesday, Jon Rosen of LA Kings Insider reports, adding that the veteran is expected to garner a professional tryout agreement with the team.

Laich underwent elbow surgery and is rehabbing neither with the Maple Leafs nor the minor-league affiliate Marlies, John Matisz of the Toronto Sun reports.

Laich has been placed on waivers after he told TheAthletic.com this weekend that he either wanted to play for the Leafs or be moved to another NHL team.

Laich was demoted to AHL Toronto on Tuesday, James Mirtle of The Globe and Mail reports.

Laich has cleared waivers, but remains with the Leafs, reports Sportsnet 590TheFAN.