The Toronto Maple Leafs have announced that they have signed unrestricted free agent Patrick Marleau to a three-year deal, $18.75MM with the average annual value set for $6.25MM. Sportsnet’s Chris Johnston tweets he has a full no-movement clause included in his deal. TSN’s Pierre LeBrun tweets that the deal will include a large signing bonus, just as the case was for Carey Price’s deal earlier today. He will receive $14.5MM in signing bonus money, split up with $7MM coming to him in the first year, followed by $4.5MM in year two and $3MM in the final year of the contract. The three-year pact means that Marleau will be 40 during the last year of his $6.25 contract.
Reported earlier on PHR, the 37-year-old wing was considering several offers, including a two-year offer from San Jose, but the rumor was that Toronto had the most impressive offer and Marleau took it. Having spent the past 19 years in San Jose, he will move on to the young, rising Maple Leafs squad and team with the young core of Auston Matthews, William Nylander and Mitch Marner to help them take the next step. With this move, it seems obvious that the Maple Leafs plan to go all-out in hopes of capturing a Stanley Cup while they have their young core under rookie contracts. It is likely Marleau will be paired with both Matthews and Nylander as their first line.
For San Jose, the veteran team loses one of its most important players in their history. Marleau accumulated 508 goals and 1,082 points in his tenure with the Sharks and was rarely hurt, having played every game for the last eight seasons and only missing a total of 31 games in his career, according to Johnston. Although the team was able to lock up38-year-old Joe Thornton yesterday to a one-year, $6.5MM deal (although that deal is not official yet), the team lost out on one of their top goal scorers and will be hard-pressed to replace him, especially after the team struggled in the playoffs and were bounced in the first round. Those two have been playing together for the last 12 years.