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Maple Leafs Likely To Have Greater Cap Issues Due To Cononavirus

March 21, 2020 at 5:59 pm CDT | by Holger Stolzenberg 12 Comments

The Toronto Maple Leafs knew they would have some issues with their cap for many years in the future when they signed John Tavares to a seven-year, $77MM ($11MM AAV) contract and then locked up their three future star forwards (Auston Matthews, Mitch Marner and William Nylander) to a combined $29.5MM per season.

General manager Kyle Dubas was already hard-pressed last year when he was forced to send a first-round pick to Carolina to get rid of Patrick Marleau’s final year of his contract. The team also sent off popular center Nazem Kadri to Colorado in hopes of adding some much-needed defense. The team already knew it was going to have to make some tough decisions this offseason even with estimates that the salary cap could increase from $81.5 to anywhere from $84-88.2MM. However, the Maple Leafs’ cap situation may have gotten worse, according to Terry Koshan of the Toronto Sun, who writes that with the financial impact that is expected to hit the NHL, that salary cap could flatline and remain at $81.5MM next season.

If that’s the case, then the Toronto Maple Leafs plans may require some major changes as they currently have $77MM committed to just 17 players with a number of restricted free agents they must deal with, including Ilya Mikheyev, Travis Dermott, Denis Malgin and Frederik Gauthier. Both Mikheyev and Dermott each should get significant raises, while the team will want to being back Gauthier. Malgin is a different question. On the unrestricted free agent market, the team was likely going to let Tyson Barrie and Cody Ceci walk anyway, there would be no room to keep either one if they wanted to bring one back. The team must also find some room for Jason Spezza and Kyle Clifford, who have become valued veterans.

With so much salary, the scribe believes that Dubas will guaranteed be forced to trade at least one of their younger top-six forwards, including Kasperi Kapanen ($3.2MM AAV), Andreas Johnsson ($3.4MM) or Alexander Kerfoot ($3.5MM), each of which make more a significant amount of money and likely could bring back a significant package of cheap roster players.

Of course, much of that is dependent on what happens in the next few weeks/months, but the more time that passes is likely worse in Toronto. Throw in the fact that the team must also deal with Frederik Andersen’s contract in two years and they have even more trouble ahead.

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Alexander Kerfoot| Andreas Johnsson| Cody Ceci| Denis Malgin| Frederik Gauthier| Ilya Mikheyev| Jason Spezza| Kasperi Kapanen| Kyle Clifford| Kyle Dubas| Salary Cap| Toronto Maple Leafs

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View Comments (12)
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Comments

  1. DarkSide830

    3 years ago

    play with fire and you might get burned

    Reply
  2. emt126

    3 years ago

    Toronto? Is that an NHL team any more?

    Reply
  3. TJECK109

    3 years ago

    I understand the financials due to the shutdown but I don’t see how the league still doesn’t make enough to see a bump in the cap. Can’t penalize teams that properly prepared for the future but are now screwed because of the virus. This isn’t like insurance where the league can claim act of God

    Reply
    • DarkSide830

      3 years ago

      Toronto screwed themselves over. they would have had a terrible time keeping this up for the entire year, much less over the next several. obviously this is out of their control, but there they put themselves in a situation for something like this to happen.

      Reply
    • parx

      3 years ago

      Welcome to being the 2010s Blackhawks where you constantly trade players for terrible value just to stay cap compliant, lots of cups for Toronto recently though so it was certainly worth it

      1
      Reply
    • windycitykid89

      3 years ago

      Lol

      Reply
    • Stan Smith

      3 years ago

      Regardless of the cause, the cap is dependent upon revenues. The NHL is losing 15% of their regular regular season games, so 15% of their revenues. Before the virus hit their projections, were for the cap to go from between $84M and $88M. 15% off of those numbers would put it as between $71.4M and $74.8M. I personally can’t see it going down, but I can easily see it staying stagnant.

      Reply
  4. riverrat55

    3 years ago

    Then you have Matthews through 2024 at $11 million +, Tavares through 2025 at $11 million even , then you have Marner through 2025 at $10 million + not including Nylander through 2024 ,coming in at $6 million in that signing so 4 players near $40 million give or take some pocket change per year. look at salaries of other Leafs on capfriendly.com , don’t think you can compare what happened to Black Hawks with the Maple Leafs by no means totally different scenario. Stay safe everyone.

    Reply
  5. sweetg

    3 years ago

    they were always going to have to trade one of the four forwards.

    Reply
  6. dave frost nhlpa

    3 years ago

    Sign the zamboni driver.

    Reply
  7. snake120

    3 years ago

    As if there aren’t other teams in a crunch,,,,give me a break

    Reply
  8. Stan Smith

    3 years ago

    By my calculations the Leafs have 21 players signed, which includes, Agostino, Petan and Korshkov. Adding Kessel’s $1.2M, they have $79.12M committed for next season. Seeing as they still have Mikheyev, Ddermott, Gauthier, and Malgin as RFA’s, plus, I am sure, if possible, they would want to being back Spezza and Clifford, it is going to be interesting to see how they do it.

    Reply

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