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Free Agent Notes: Marchand, Gavrikov, Provorov, Granlund, Faksa, Pezzetta

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If the Panthers can’t get a deal done to keep Brad Marchand in Florida before the market opens tomorrow, Darren Dreger of TSN expects the Bruins, Mammoth, and Maple Leafs to be his most aggressive suitors in free agency.

A Boston reunion would be surprising given there’s been no change in the front office that wasn’t willing to match Marchand’s cheaper requests for an extension during the season, resulting in the Bruins trading their captain to the Panthers at the deadline. Nonetheless, it’s a financially feasible move for them and one that would address their rather significant need for top-six forwards. The club still has $12.74MM in cap space after getting extensions done for names like John Beecher, Morgan Geekie, and Henri Jokiharju in the last 24 hours, per PuckPedia. Marchand would likely command a contract in the $8MM range annually if he hits the open market.

While Utah has seemed to dial back its rhetoric of making a significant free agent splash, instead placing complete trust in its young core and opting for more youthful pickups via trade, like JJ Peterka, Marchand might make more sense on a shorter-term contract. They still have nearly $15MM in cap space and enter 2025-26 with one of the youngest forward groups in the league – their only forwards 30 or older are Alexander Kerfoot and Liam O’Brien.

The Leafs also have their cap flexibility for Tuesday dialed in after getting rather affordable extensions done for Matthew Knies ($7.75MM) and John Tavares ($4.38MM AAV) in the last few days. They’d presumably be one of the more appealing fits for Marchand to remain both with a contending team and in a top-six role, potentially even seeing top-line minutes in place of the departing Mitch Marner.

Here are a few more rumors from around the NHL ahead of the official start of free agency on Tuesday:

  • Pierre LeBrun of TSN and The Athletic relays that the Kings are making a last-ditch effort today to reach an extension with defenseman Vladislav Gavrikov. While general manager Ken Holland said over the weekend he expects Gavrikov to test the market, L.A. still hasn’t heard back from Gavrikov’s camp on their final offer.
  • While things were quiet on extension talks between the Blue Jackets and defenseman Ivan Provorov for weeks, they re-engaged in negotiations yesterday, Aaron Portzline of The Athletic reports. They presumably decided getting yesterday’s extension for Dante Fabbro done, ensuring they retain depth on their weaker right side of the blue line, was a priority over Provorov’s talks.
  • Center Mikael Granlund and the Stars continue to have mutual interest in an extension, according to LeBrun. It still looks unlikely something will get done before tomorrow with the Stars having just $980K in projected cap space for next season, but they could reach a handshake agreement if Dallas is confident they can move out other contracts to make Granlund’s money work. They’ve already been successful in retaining vets Jamie Benn and Matt Duchene on below-market-value deals.
  • Depth pivot Radek Faksa will have plenty of options tomorrow if he reaches the market, given the lack of centers available, but there’s still the possibility he stays with the Blues. The two sides remain in extension talks, says Jeremy Rutherford of The Athletic.
  • The Maple Leafs are among the teams expected to have interest in Canadiens enforcer Michael Pezzetta, assuming he hits the market tomorrow, reports LeBrun.

Maple Leafs Could File For Tampering If Mitch Marner Signs With Golden Knights

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The Toronto Maple Leafs are just days away from a separation with their superstar right-winger Mitch Marner. Signs have pointed towards Marner testing the free agent market for the bulk of the regular season – but official word of the split came via Chris Johnston of The Athletic in mid-May. It’s been a scramble in the five weeks since, with multiple teams pushing their way into the sweepstakes for a 100-point winger. As usual in big-end moves, the Vegas Golden Knights have made themselves front-and-center in discussions – and even gone as far as discussing a trade to acquire Marner’s negotiation rights. But draft day rumors have revealed that, should Vegas sign Marner right away on July 1st without a trade, the Maple Leafs are prepared to file a tampering charge against the Golden Knights, per Sportsnet’s Elliotte Friedman on the latest 32 Thoughts Podcast.

Friedman emphasized repeatedly that despite these rumors, there is no present evidence of any tampering in Vegas. He also added that charges of tampering would likely go away should the two sides complete a trade before July. But teams are recently acutely sensitive to evidence of tampering, and Friedman adds that the NHL has recently been eyeing opportunities to set examples of how player rights should be managed and respected.

Tampering has been a hot topic in the NHL over the last year. The NHL included a reminder of tampering rules in the 2024-25 season’s first round of GM meetings in November. Specifically, Deputy Commissioner Bill Daly reiterated that teams do not have the power to negotiate or agree to new deals with pending-free agents until noon ET on July 1st, unless provided express permission from the rightsholder.

Marner isn’t the only player with tampering concerns swirling around. The Maple Leafs were also the subject of a tampering scare over the last few weeks, after popular podcaster Paul Bissonnette shared that Toronto had already agreed to a deal with Brad Marchand on the Spittin Chiclets podcast — though it appeared those claims were ultimately debunked. The NHL also investigated possible tampering charges against the New Jersey Devils, Seattle Kraken, San Jose Sharks, and Chicago Blackhawks last summer – for their potentially premature signings of Brett Pesce, Brandon Montour, Tyler Toffoli, and Tyler Bertuzzi respectively. The Ottawa Senators also alleged “soft tampering” against the New York Rangers for their pursuit of Brady Tkachuk in December.

On a Hockey Night in Canada broadcast from December, Friedman listed out some of the potential penalties for teams caught tampering (captured here by @PuckReportNHL on Twitter). At a team level, the possible punishments included a fine of up to $5MM, termination of contracts signed, forfeiture of draft picks, and rewarding of confiscated draft picks or cash to the effected club. Players can also be penalized with a $1MM fine, suspension, or expulsion from the league.

For a player like Marner, the thought of tampering charges will ring loud. He is headed for a possible record-breaking, or record-tying, contract this summer after netting 102 points in 81 games this season. He’s among the league’s best wingers – and will be making the first move of his nine-year career with a change of teams this summer. If the NHL is looking for an example to set, closely monitoring free agent negotiations at this scale would be a strong place to start.

These concerns could be mitigated by a swap of assets for Marner’s negotiating rights, which would allow Vegas to sign Marner ahead of July 1st while also providing compensation back to the Maple Leafs. Should Vegas have any concerns, that move may be a nice safeguard to ensure they can land another lineup star with no barriers. Then again, with no clear evidence of tampering, rumors or concerns spreading around NHL circles will be no more than that, until a team is proven guilty.

Golden Knights, Maple Leafs Discussing Mitch Marner Trade

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According to Sportsnet’s Elliotte Friedman, the Vegas Golden Knights and Toronto Maple Leafs are in active negotiations for a sign-and-trade deal that would see Mitch Marner end up in Nevada. Friedman followed up on the initial report, stating that forward Nicolas Roy is expected to be part of the return to Toronto if a deal is finalized. A few moments later, TSN’s Bruce Garrioch reported that the Maple Leafs requested defenseman Nicolas Hague in the return as well.

Although sign-and-trades of this caliber are exceptionally rare, the Golden Knights’ motivation to make the move now, instead of pursuing Marner for nothing in a few days, is likely twofold. Acquiring him with a new contract in place now eliminates all competition for his services, and would allow Vegas to add an eighth year to his contract via Toronto.

Besides the magnitude of the hypothetical trade, the news comes with little surprise. The Golden Knights are no stranger to making sizeable additions to the roster and have been linked to Marner by various outlets for several weeks.

Depending on the dollar amount for Marner’s next deal, Vegas should be able to get a deal done rather comfortably. Assuming Roy is in the trade, the Golden Knights would have approximately $8.6MM available in cap space, with an additional $8.8MM available if defenseman Alex Pietrangelo is headed for the long-term injured reserve.

Adding Marner to a forward core that already includes Jack Eichel and Mark Stone would be enough to create one of the most dynamic offenses in the league. Eichel was the team’s leader in points this past season, scoring 28 goals and 94 points in 77 games. Meanwhile, Marner recently concluded the best individual season of his career, scoring 27 goals and 102 points in 81 contests with a +18 rating.

Despite not having a 100-point scorer in their brief team history, Vegas was still able to finish with the league’s fifth-best offense this season, averaging 3.34 goals per game. Unfortunately, their defense may suffer as a result of the trade.

Assuming Pietrangelo is headed for the LTIR, and Hague is included in the trade, that leaves the Golden Knights in the unenviable position of giving consistent minutes to Ben Hutton and Kaedan Korczak throughout the 2025-26 campaign, with few dollars to improve. They may find better options on the trade market, but it’ll be challenging with Marner presumably anchoring their salary cap table.

According to Friedman, Vegas views their situation similarly when it comes to their defensive core. The insider for Sportsnet indicated earlier that the Golden Knights attempted to acquire defenseman Rasmus Andersson from the Calgary Flames earlier this week, though nothing worthwhile came to fruition.

Meanwhile, while only knowing a few of the reported names hypothetically headed to Toronto, Roy would be a quality addition for the Maple Leafs. Although he’s best used as a third-line center, Roy would bring a ton of versatility to Toronto’s forward with the ability to play up and down a lineup.

He’s been a consistent secondary scorer for the Golden Knights over the past four years, scoring 57 goals and 141 points in 284 games with a +26 rating, averaging 15:48 of ice time per night while maintaining a 47.9% success rate in the faceoff dot. Additionally, he’s a capable presence in the playoffs, scoring three goals and 11 points in 22 postseason contests during Vegas’ run to a Stanley Cup title in 2023.

Moving to the blue line, Hague is a known commodity in the league and has generated plenty of interest this summer. Utilizing a similar playstyle to Jake McCabe, Hague is a quality top-four option who can eat meaningful minutes. Although he’s not much of a point producer, Hague is an incredibly physical defenseman and stalwart in the defensive zone, managing a 90.9% on-ice save percentage in 364 games as a Golden Knight.

Islanders Offered Dobson For Marner Last Deadline

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According to Arthur Staple, formerly of The Athletic, Lamoriello attempted to package Dobson with other pieces at last season’s trade deadline to acquire forward Mitch Marner from the Toronto Maple Leafs. Ultimately, likely due to Toronto’s disapproval at the time, no trade materialized between the two teams.

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Maple Leafs Sign John Tavares To Four-Year Extension

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The Toronto Maple Leafs are in the final stages of signing John Tavares to an extension. The move was first reported by TSN’s Darren Dreger. It was later confirmed by the player on the Instagram page for the John Tavares Foundation — and then by the team themselves. Dreger adds that the deal with be a four-year, $17.52MM extension with an annual average value of $4.38MM.

Tavares’ extension will include $2MM in deferred salary – a practice soon to be outlawed in the NHL’s next collective bargaining agreement, per Chris Johnston of The Athletic. Johnston also shares that Tavares’ deal will carry a no-movement clause through the first two seasons, and a five-team no-trade list in the final two.

Toronto gets an important piece of business accomplished, for a price well under what many Leafs fans expected. The deal is a near-$4MM discount against Tavares’ player value, calculated by The Athletic’s statistician Dom Luszczyscyn. Tavares was coming off of a monstrous, seven-year, $77MM contract signed with Toronto on July 1st, 2018. The deal ate up 13.84 percent of Toronto’s cap-hit at the time, and often served to limit the team’s roster flexibility, alongside lofty deals for Auston Matthews, Mitch Marner, and William Nylander.

Now age 34, Tavares will drop his cap hit by nearly two-thirds, and likely ride out the remainder of his career in a Maple Leafs jersey. He’s a Mississauga native, with deep roots in and around the Leafs organization. That includes serving as the team’s captain from 2019 to 2024. He was replaced this season by Matthews.

Tavares’ last contract was often scrutinized, but his performance on the deal should be remembered fondly. He filled a hardy role as the team’s second-line center for the duration of the contract, and totaled 222 goals and 493 points in 515 games. That mark ranks third on the Maple Leafs since the start of the 2018-19 season, behind Marner (611 points in 498 games) and Matthews (595 points in 485 games). Tavares also scored 31 points in 51 playoff games in that stretch – fifth on the Leafs behind Matthews, Nylander, Marner, and Morgan Rielly.

Tavares has been a staple of every lineup he’s played for. Prior to joining his hometown Maple Leafs, he was the quintessential top-line center for the New York Islanders spanning nine seasons. The Islanders originally drafted Tavares first-overall in the 2009 NHL Entry Draft, following the end of his exceptional status career in the OHL. He joined the team immediately following his draft, and scored an impressing 54 points in 81 games as a rookie.

His hot-start in the NHL continued to grow-and-grow over his time with the Islanders. Tavares recorded 31 goals and 81 points in the 2011-12 season, and topped that again with 38 goals and 86 points in 2014-15. By that time, he had already served two full years as the Islanders’ captain, and earned the second all-star berth of his career. Tavares would remain New York’s captain, and a perennial all-star, until he left the squad after the 2017-18 campaign.

Tavares’ departure from Long Island, NY was one of the most scrutinized moves in recent NHL history. It was seen by many as a captain abandoning his post, with a preference for the glitz and glamour of a big market. The Islanders have appeared in four of a possible six postseasons since Tavares’ departure, while Toronto has made the playoffs in every year since their big addition.

In a summer where Toronto seems headed for a sure breakup with superstar winger Marner, they’ll opt to not shake the boat too much by also losing Tavares. Instead, Tavares will remain locked-in as Toronto’s second-line center through the foreseeable future. He scored a stout 38 goals and 74 points in 75 games this season – his highest scoring pace since netting 36 goals and 80 points in 80 games of the 2022-23 campaign. Those are electric scoring totals for a player well over the hill of his NHL career. At a cheap price for the next four seasons, even two-thirds of those scoring totals would make Tavares a contract worth hanging onto.

Photo courtesy of Nick Turchiaro-USA TODAY Sports.

Maple Leafs Interested In Re-Signing Max Pacioretty

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  • Nick Alberga of The Leafs Nation reports that the Toronto Maple Leafs remain interested in re-signing winger Max Pacioretty for next season. Despite a solid postseason performance, Pacioretty should warrant a relatively cheaper contract, given he missed more than half of the season due to injury. Still, Alberga notes that Pacioretty is prioritizing remaining close to his family in Michigan, meaning his desired employer will come down to the Maple Leafs and the Detroit Red Wings.

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Matt Martin Announces Retirement, Joins Islanders Front Office

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Longtime Islanders enforcer Matt Martin has announced his retirement, per a club announcement Tuesday. He’ll join the club’s front office as a special assistant to general manager Mathieu Darche.

A fifth-round pick by the Isles as an overager in 2008, Martin rose the ranks quicker than expected for his draft slot and made his NHL debut in February 2010 amid his first professional season. He became a fourth-line fixture in his second season. He maintained that role through the 2015-16 campaign, eventually forming one of the most recognizable checking lines of the decade with Casey Cizikas and Cal Clutterbuck. While never a huge scorer, he did have 10 goals in the final season of his first stint on Long Island and averaged a remarkable 379 hits per 82 games over his first seven NHL seasons.

Martin left Long Island for the Maple Leafs in free agency in 2016, signing a four-year, $10MM contract. While that value indicated Toronto was looking for him to play an increased role compared to his fourth-line deployment in New York, the opposite happened. After averaging around 11 minutes per game with the Islanders, he averaged just 8:33 per game over two seasons in Toronto. He sat as a healthy scratch for much of the 2017-18 season and was traded back to the Islanders the following summer.

Injuries became more of a theme for Martin in his second go-around with the Isles, but he regained his role alongside Cizikas and Clutterbuck and was a lineup fixture when healthy. He was still quite effective as a checking forward up to a few years ago, even matching his career-high 19 points in 2022-23. His ice time and deployment saw a reduction beginning in 2023-24 as his already minimal offensive value disappeared, and he appeared in just 32 games last season after pondering retirement but landing a PTO and subsequent one-year deal to return to New York for his 16th NHL season.

Martin retires as the Islanders’ all-time leader in hits with 3,489, and his 3,936 career checks are 93 short of the all-time record held by his longtime teammate, Clutterbuck, who also recently announced his retirement after not playing in 2024-25. His 855 games played are the eighth-most in franchise history.

All of us at PHR wish Martin the best in retirement and congratulate him on a career that will permanently cement him with the latest iteration of Islanders hockey.

Image courtesy of Tom Horak-Imagn Images.

Maple Leafs Linked To Mikael Granlund, Pius Suter

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The Maple Leafs have displayed interest in centers Mikael Granlund and Pius Suter to bolster their depth at the position after free agency opens next week, according to Kristen Shilton of ESPN.

They’re expected to pursue them for a bigger punch down the middle, even if they agree to a new contract with No. 2 center John Tavares, also a pending UFA. If they can’t extend the latter, though, pursuing one or both of Granlund and Suter this summer immediately becomes their top priority instead of a “nice-to-have” pickup in addition to a partial replacement for Mitch Marner on the wing. That’s an increasingly likely outcome with Tavares and the Leafs not being close on a new deal as of Saturday.

If the Leafs manage to retain Tavares, they’d presumably be more interested in Suter as a minute-munching third-line option while keeping Tavares in favorable offensive deployment with William Nylander on the second line if he’s not moved up to Auston Matthews’ unit in place of the departing Marner. Granlund, on the other hand, is far less of a two-way player than Suter but has a significantly higher offensive ceiling that could, at least feasibly, be a near-direct replacement for Tavares in favorable usage if they can’t re-sign him. The 33-year-old Finn totaled 22 goals and 66 points in 83 games this year, split between the Sharks and Stars. That’s 0.19 fewer points per game than Tavares gave Toronto, but playing with Nylander could help him cover the gap.

Suter would be an expensive third-line piece, but the 29-year-old would be worth the price of admission to give the club its best option at the position since their deadline pickup of Ryan O’Reilly in 2023. The 5’11” Swiss native had a career-high 25 goals and 46 points last year with Vancouver, averaging north of 17 minutes per game and often seeing duties as a matchup forward. He played far more at center than he had in the past, and while faceoffs remain an issue (42.7 FOW%), he had favorable possession metrics in the most difficult defensive deployment of his five-year NHL career. He saw significant time on both special teams units as well, particularly shorthanded, where he averaged 2:17 per game to lead Vancouver forwards.

Shilton named Claude Giroux as a more speculative/tertiary option. He’s not mentioned in the same tier of interest as Granlund and Suter for good reason. The 37-year-old remains in productive talks with the Senators on a contract extension and hasn’t consistently played down the middle in quite some time, although he still takes a good deal of faceoffs and does so quite well. He won 59.1% of his draws over the last three years in Ottawa.

SHL’s Malmö Redhawks Sign Topi Niemelä

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The Malmö Redhawks of the Swedish Hockey League have agreed to a deal with defenseman Topi Niemelä for the 2025-26 season, according to a team announcement. Niemelä, a member of the Maple Leafs organization and a pending restricted free agent, can have his signing rights retained by Toronto until July 2029 if they tender him a qualifying offer.

All of Niemelä’s time with Toronto was spent at the AHL level, where he posted an 11-52–63 scoring line and a minus-eight rating over 135 appearances for the Marlies. That’s decent offensive production but not quite the pop they hoped for from the 6’0″ righty when they signed him to his entry-level contract in May 2022 and brought him over to North America near the end of the following season. Niemelä fell out of a regular role with the Marlies at points this past season, although he did still finish second among Marlies defensemen in scoring and played both of their postseason games in a first-round loss to Cleveland.

A third-round pick for the Leafs in the 2020 draft, there was hope he could outperform his draft slot when he erupted for a 10-goal, 32-point season in 48 games with Liiga’s Kärpät, taking a huge step forward in the top league in his native Finland in his age-19 season. Nonetheless, he had just 18 points in 58 games for Kärpät when Toronto loaned him back there the following season before bringing him over to the AHL.

After that breakout season, most had Niemelä tabbed as the top defense prospect in a Maple Leafs pool without many intriguing names to offer. He’s since been surpassed by shutdown righty Ben Danford, their first-round selection in 2024.

It remains to be seen if Niemelä will ever play for the Maple Leafs, but it stands to reason they’ll at least opt to retain his signing rights if and when he decides to return to North America given their lack of young organizational depth at the position. The 23-year-old will now look to regain some offensive confidence overseas in Malmö, where he joins a blue line headlined by former Islanders depth piece Robin Salo.

Offseason Checklist: Toronto Maple Leafs

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The offseason has arrived with the draft and free agency fast approaching.  Accordingly, it’s time to look at what each team needs to accomplish this summer.  Next up is a look at Toronto.

The Maple Leafs’ consistent run of strong regular-season play continued in 2024-25 with an 108-point season and their first division title in an 82-game season since 2000. While they did advance further in the postseason than in 22 years, they blew a 2-0 series lead in the second round against the eventual champion Panthers and failed to make their first Eastern Conference Final of the Auston Matthews era. General manager Brad Treliving now faces the most pivotal offseason in Toronto in years with multiple high-profile pending free agents and significant spending flexibility.

Identify Marner Replacements

Mitch Marner was the team’s third-highest-paid player at a $10.9MM cap hit as he completed the seven-year deal he signed as an RFA in 2019. He was easily set to become Toronto’s second-most or even highest-paid player ahead of Matthews this summer – that is, if he stayed with the Leafs instead of testing the open market. That won’t be the case, and the Leafs must now change from devoting resources to a Marner extension to identifying who can most effectively replace his production and add depth to the forward lineup.

Treliving is not finding a direct replacement for Marner’s 100-plus points; that much is certain. The trade-off for losing one of the league’s premier playmaking wingers will be the freedom of cap space re-allocation to improve the club’s depth lines while putting more trust in Matthews to anchor the top one. There will be at least two wingers acquired in Marner’s stead, either via trade or free agency. They already struck out on one – they were pretty interested in Mason Marchment before the Stars traded him to the Kraken last week.

They haven’t been heavily linked to the consensus No. 2 and No. 3 wingers on the market behind Marner this summer in Nikolaj Ehlers and Brock Boeser. There has, however, been heavy speculation about a fit between them and veteran Brad Marchand. Coming off a second-place finish in Conn Smythe Trophy voting after rattling off 20 points in 23 games in Florida’s Stanley Cup win, the Leafs are in a better position to give him a lucrative mid-term deal compared to most other contenders and would give him the opportunity to play at home in Canada for the first timem in his 13-year career. Even at his highest feasible price point, they’d still have another $2.5MM to $3MM to spend on a middle-six winger to complement names like William Nylander and Max Domi while presumably slotting Marchand in Marner’s slot alongside Matthews and Matthew Knies (more on him later).

After striking out on a player with upward top-nine mobility at a cheap price point in Marchment, that appears to be a path Treliving is heavily considering. Former 35-goal man Andrew Mangiapane is heading to the market after a tough season with the Capitals and should be available around that aforementioned price point. Toronto is among the teams reportedly showing a keen interest in signing him when free agency opens on July 1.

Ramp Up Knies, Tavares Talks

The more cost certainty they have, the more active the Maple Leafs can be in achieving checklist item No. 1 in nine days. Right now, they have very little. Their top RFA, Knies, and their top UFA with a chance of extending/returning, center John Tavares, remain without new deals. It’s not the best omen. The tone around the Leafs and Knies’ negotiations has been overwhelmingly positive from the outset, with reporting last month indicating neither side was worried about an offer-sheet threat and that there was a mutual understanding of what the final deal would end up looking like. There seemingly hasn’t been any notable progress in talks since that point, David Pagnotta of The Fourth Period said Friday.

There’s similarly no extension imminent with Tavares, Pierre LeBrun of The Athletic relayed in the last couple of days. That’s the more concerning bit of news. An offer sheet is always a possibility for Knies, but he at least remains under team control past July 1, and he has to actually sign the offer sheet for it to be of any significance. Tavares hitting the open market and leaving without a quick succession plan in place could result in disaster down the middle without a ton of suitable 2C replacements on the open market, particularly after Matt Duchene recently extended with the Stars on a quite team-friendly pact.

The act of re-signing Tavares frees up cap space, not limits it. His next deal won’t come anywhere close to his expiring $11MM cap hit, cementing both a discount at the center position for Toronto behind Matthews and added cost certainty to firm up the roster around the edges behind whatever the largest open-market splash they’re able to make ends up being.

There’s also the stipulation that while losing Marner’s point production without being able to get close to reconstructing it by committee would be tough to swallow, losing Tavares’ output in the same manner would be disastrous. While the 34-year-old may not have been fully worth the cap space he was taking up at the end of his deal, he was still an incredibly high-end producer last season. His 38 goals in 75 games were 12th in the league and marked his second-best goal-scoring season as a Leaf. He was also top-40 in the league in points per game at 0.99. Aside from veteran stopgap Mikael Granlund, there’s no UFA center with that kind of output as his ceiling. Among trade options, young Wild pivot Marco Rossi would be the only one fitting that bill, but Toronto wouldn’t be willing to part with the NHL-ready assets Minnesota wants in return, considering their existing issues navigating roster turnover this summer.

Explore Cap-Clearing Trade

Despite the lack of easily attainable potential replacements for their pending free agents, the Leafs at least have nearly $26MM in spending flexibility at the start of free agency to remove that as an immediately limiting factor. They could still open up their window of options even wider and prevent an August/September cap crunch by shedding a low-value contract now. They don’t have many, but there are a few among their depth forwards. Veteran winger Calle Järnkrok is entering the final year of his contract at a $2.1MM cap hit and has minimal trade protection with a 10-team no-trade list. He could be well-positioned to land them a legitimate return at that price point, but he could also be a cost-effective rebound candidate for them, too. Injuries limited him to just 19 regular-season games last year and he was underwhelming in the playoffs, but he’s averaged 38 points per 82 games since signing in Toronto three years ago.

A more desirable deal to move if possible would be David Kämpf, making $2.4MM against the cap through 2026-27 with a 10-team no-trade list that lapses in the summer of 2026. That’s notable as a team acquiring Kämpf now could flip him again next season without any contractual obstacle. He was an increasingly frequent healthy scratch last year, had 13 points and a minus-one rating in 59 games, and saw his ice time dip to a career-low 12:24 per game when dressed. He’s a true redundancy with a cheaper, higher-ceiling offensive option in the mix next year in Scott Laughton after being acquired from the Flyers at the trade deadline.

There’s also the matter of veteran enforcer Ryan Reaves, who remains under contract at a $1.35MM cap hit. They can reduce that to just $200K by waiving him and burying him in the minors like they did for the home stretch last year. They’ll presumably do that again if he’s still on the books, but if they can make the deal someone else’s problem for a low-round draft pick, they’ll presumably explore that to open up as much spending flexibility as possible.

Upgrade Scoring Depth

Any cap savings created by Toronto’s turnover this summer outside of direct replacements or new deals for pending UFAs should be staying with the forward group. There are a few reasons for this. For one, there’s little to no maneuverability (or motivation) to alter the personnel anywhere else on the roster. The Leafs have one of the league’s most cost-effective goaltending tandems, and their veteran defense corps shone bright under head coach Craig Berube last season. Even if they wanted to make a change, they already have nine defenders signed to one-way deals for next season, most with significant trade protection.

The secondary roster construction goal for Treliving this summer needs to be helping the club rediscover its offensive ceiling. Their 3.26 goals per game was still top 10 in the league in 2024-25, but their lowest output since the 2016-17 campaign nonetheless. While they had six 20-goal scorers last year, the dropoff after them was steep, and only eight players hit the 30-point mark.

In the past couple of years, these types of pickups have needed to wait until closer to training camp, as was the case with Steven Lorentz and Max Pacioretty in 2024. This offseason, Treliving has the spending flexibility up front to get cheap depth pickups out of the way early, but he might be better served to wait a couple of weeks for prices to come down.

Image courtesy of Nick Turchiaro-Imagn Images.

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