Maple Leafs Rumors

9:44 a.m.: Chris Johnston of TSN and The Athletic adds the Golden Knights and Panthers as teams who have made legitimate pitches for Rantanen in the last 24 hours, also moving the player to the top of his pre-deadline board. Vegas would need retention on Carolina’s part to get a deal done with $2.4MM in deadline cap space, with the Hurricanes likely targeting someone like 24-goal man Pavel Dorofeyev as part of the return. Florida wouldn’t need retention after placing Matthew Tkachuk on LTIR for what’s expected to be the remainder of the regular season, and might need to surrender top forward prospect Mackie Samoskevich to get it done. He’s recently been elevated to a top-six role in Tkachuk’s absence.

8:10 a.m.: The Maple Leafs, Stars, and Kings are three teams expressing high levels of interest in star right-winger Mikko Rantanen, Sportsnet’s Elliotte Friedman writes. After reports first surfaced last month that the Hurricanes could flip Rantanen after acquiring him from the Avalanche in a January blockbuster if extension talks weren’t productive, Carolina has “opened the door” on trade talks late this week, Friedman said. There’s a long list of teams to display interest so far – including the Devils, James Nichols of New Jersey Hockey Now said Tuesday.

It remains to be seen how willing the Hurricanes are to move Rantanen, who will likely need to agree in principle to an extension with his new club for them to land the return they desire. Carolina isn’t a seller in any capacity – they’re nine points ahead of the playoff line and have a 99.6% chance at a playoff berth, per MoneyPuck – so they’re presumably not interested in futures as the primary value in a return.

The 6’4″ Finn hasn’t been what the Hurricanes expected when they surrendered Martin Nečas, Jack Drury, and three draft picks to acquire him and Taylor Hall in a three-team deal with the Blackhawks six weeks ago. Despite spending most of his time in the lineup stapled to star countryman Sebastian Aho’s wing as expected, he’s scored just 2-4–6 through 12 games in Carolina with a minus-two rating.

Rantanen’s brief but underwhelming showing outside of Colorado, where he’d torched the league for 1.28 points per game since 2020, will weigh on teams’ minds as they debate how many resources they’ll commit to acquiring and extending him. With an eight-year deal, he’s virtually guaranteed to become one of the four highest-paid players in the league, surpassing Oilers star Connor McDavid’s $12.5MM AAV and likely even former teammate Nathan MacKinnon’s $12.6MM cap hit. AFP Analytics even projects an eight-year extension for Rantanen to cost $13.65MM per season, approaching $110MM in total value and making him the second-highest paid player in the league next season behind Edmonton’s Leon Draisaitl, who’ll be kicking off a mega-extension with a $14MM cap hit.

While there will surely be NHL players coming off the acquiring teams’ roster in a Rantanen return, the Maple Leafs are the only one of the above group who would need to make a money-in, money-out deal. Carolina, who has Rantanen on their books for $4.625MM against the cap after Chicago retained half his salary in January’s trade, can make him a $2.3MM player by retaining an additional 50%. That wouldn’t require additional shuffling on the Stars’ or Kings’ end.

Carolina will need an immediate replacement at wing in the deal. While it’s likely to be a downgrade in terms of overall reputation, they’ll still be asking for a bona fide top-six piece with other assets in the deal to make up the difference in trade value. For Toronto, that could mean parting ways with pending RFA Matthew Knies, shifting William Nylander to the left wing to replace him and casting Rantanen and Mitch Marner as their top two right wingers. Another bottom-six depth piece, potentially Calle Järnkrok, could also be out the door to help the Hurricanes replace the void left by William Carrier when he underwent lower-body surgery in late January.

The Kings have made their desire for a right-handed scorer public over the last few weeks and will pivot to second-line type names like the Islanders’ Kyle Palmieri if their efforts to land Rantanen are futile. Carolina likely demands someone like Trevor Moore in return, who erupted for 31 goals last year but has just 12 in 51 games this year. Breakout 23-year-old Alex Laferriere, who’s posted 15-16–31 in 56 games, is also an option as a centerpiece, but would require more additional assets from L.A. than Toronto would need to provide on top of the more highly-touted Knies.

Dallas, who’s already added Mikael Granlund to their forward group, has more appealing NHL-ready young talent to offer than their Western Conference rival. Either 2024 AHL MVP turned NHL full-timer Mavrik Bourque or 22-year-old Logan Stankoven could immediately slot into the Canes’ top-nine (or top-six, in Stankoven’s case), and are more in Knies’ territory in terms of long-term offensive ceiling than Laferriere and Moore.