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Trade Deadline Primer: Toronto Maple Leafs

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With the All-Star break in the rearview, the trade deadline looms large and is now less than two weeks away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league with the Toronto Maple Leafs.

The more things change, the more they stay the same for the Toronto Maple Leafs. Despite parting ways with Kyle Dubas and Jason Spezza this summer, bringing in multiple new faces including Tyler Bertuzzi, Max Domi, and John Klingberg, and receiving modest efforts from multiple goalies – the Leafs once again find themselves in a familiar spot, poised to add at the Trade Deadline to try and bring an oomph behind their star power. But unlike previous years, Toronto is getting hot at the right time, winning 13 of their last 16 games and outscoring opponents 66-to-43. Every piece of the lineup seems to be clicking, with Auston Matthews and Mitch Marner paving history, Ilya Samsonov and Joseph Woll one-upping each other in net, and depth options like Calle Jarnkrok making big impacts coming off injured reserve. The Leafs could have enough chemistry to forgo any Deadline action, but they’ll be a favorite for top names if they do get involved.

Record

35-17-8, 3rd in the Atlantic Division

Deadline Status

Buyers on a budget

Deadline Cap Space

$144,166 of cap space on deadline day, 0/3 retention slots used, 48/50 contracts used, per CapFriendly.

Upcoming Draft Picks

2024: TOR 1st, NYI 3rd, TOR 4th, TOR 5th, CGY 5th, VAN 5th, TOR 7th, OTT 7th
2025: TOR 5th, CHI 5th, TOR 6th, TOR 7th

Trade Chips

The Leafs are undeniably positioned as buyers ahead of the Deadline, and their trade chips match that. Leading the list is young winger Nicholas Robertson, who Toronto recently sent to the AHL to make room for Jarnkrok’s return. This season has marked Robertson’s first year in a full-time NHL role but he doesn’t have too much to show for it – managing a modest eight goals and 19 points in 41 games. Much of his ice time has come on the team’s third line, playing alongside either Jarnkrok or John Tavares at center. Robertson has yet to find his groove, despite strong linemates, but Toronto will need him to carry value – as the team has very little draft capital to work with. He joins a long list of promising, but so far unsuccessful, 22-year-olds on the trade market – including Philip Broberg, Arthur Kaliyev, and Kaapo Kakko – and like them, Robertson likely doesn’t yield a major return outright. But he’ll be a focal piece of any package the Leafs put together – with the team hoping his remaining potential is enough to swing a big trade.

If Robertson isn’t enough, it’s likely that Toronto turns towards their strong AHL pipeline before they sell off more draft capital. The Toronto Marlies are having a slow season overall – with a 23-18-11 record ranking them fifth in the AHL’s North Division – but they boast a long list of young talents that could draw interest from around the league. Headlining the list is 6’7” goaltender Dennis Hildeby, who’s managed 13 wins and a .912 save percentage in 28 games this season. It’s Hildeby’s first season in North American pros, though he played his first full pro season last year, when he recorded 11 wins and a .918 in 21 games with the SHL’s Färjestad BK. Hildeby has been a routine call-up this season, but has yet to make his NHL debut. He has loads of untapped potential and, with Woll returning strong from injury and Matt Murray progressing after double hip surgery, teams may be able to convince Toronto to, “sell high”, on the 22-year-old netminder.

The Marlies also boasts swiss-army-knife Alex Steeves, hard-nosed centerman Nicholas Abruzzese, or former seventh-round pick Ryan Tverberg. Steeves leads the bunch in scoring, with 43 points in 46 games, though Tverberg is the youngest of the trio at 22, while Steeves and Abruzzese are 24. The Leafs could even sell off top defensive prospect Topi Niemelä, who leads all Marlies defenders in scoring but hasn’t yet made his NHL debut.

While it’s never ideal to sell off talents before they get a shot at the NHL, it could be all Toronto can part with – with their NHL lineup looking fairly consistent. Backup goaltenders Ilya Samsonov and Martin Jones may end up expendable for the right price, though the Leafs would need to make sure they’ve found a confident starter before dealing away any goalies, including Hildeby. They similarly can’t spare much depth at forward, though the recent hot flashes of Bobby McMann or Pontus Holmberg could entice teams that need a little more certainty headed into the postseason.

Team Needs

1) An Answer On Defense – The Maple Leafs’ questions on defense are just getting tougher as time goes on, with veteran T.J. Brodie beginning to slow down and injuries catching the likes of Ilya Lyubushkin, Jake McCabe, and Timothy Liljegren at one point or another. While the Leafs have managed well through the challenges, they’ve had to rely on the likes of Maxime Lajoie and Marshall Rifai to get there. It’s clear that they’re missing key pieces on the blue line, and rumors have confirmed that they’re looking into the market’s top defenders. This includes top Calgary Flames defenseman Noah Hanifin, who seems near certain to move this Deadline. Hanifin has scored 11 goals – a career-high – and 35 points through 60 games this season. He’s on pace to narrowly fall short of his career-high in points as well, currently scoring at a 47-point pace through 82 games. Toronto is one of many teams involved in Hanifin trade talks – alongside the Arizona Coyotes, Tampa Bay Lightning, and Florida Panthers. But the Leafs may be in the best position to acquire the pending free agent, boasting a first-round pick unlike Florida, and a better short-term outlook than Arizona and Tampa. If the Leafs miss out on Hanifin, their best alternatives will likely be Philadelphia’s Sean Walker or Ottawa’s Jakob Chychrun. Chychrun was notably in trade talks at last year’s Deadline, moving from the Arizona Coyotes to the Ottawa Senators. He’s since managed 11 goals and 38 points in 71 games with the Senators, though their current situation makes him expendable to playoff teams looking for a defensive boost. Chychrun brings strong puck-moving skills, but may not have the defensive punch Toronto could use. That could be the factor that shifts them towards Walker, who’s offered a much more well-rounded skillset this season, while still scoring 22 points in 62 games.

2) Depth For The Playoffs – The Leafs have kicked off their Deadline early, sending a third-and-sixth-round draft pick away in exchange for Ilya Lyubushkin. While that acquisition has been debated, it leans into exactly what Toronto needs – more depth for the playoffs. They’ve boasted a strong minor-league system for many years but continue to fall flat in the postseason, thanks to an overreliance on star names or poorly timed injuries. While acquiring a big-name goaltender like Juuse Saros or Jacob Markstrom – or reeling in a star forward like Pavel Buchnevich or Jake Guentzel – would be certainly exciting, it’d undercut the fantastic talents that already lead Toronto’s lineup. They’d be better off focusing on less discussed Deadline names, like Jordan Eberle or Jack Roslovic – two players that could still manage big impacts in quaint roles. Nick Seeler and Andrew Peeke offer similar value on defense. These options would come at a significantly cheaper price, while still helping the Leafs build a lineup that can reliably drive them deep into the postseason. Toronto is having plenty of success with their current lineup, but any additions should be focused on patching the defense or solidifying their supporting cast – acquisitions that their limited assets will likely limit them to.

Photo courtesy of USA Today Sports Images.

Afternoon Notes: Keller, Blackwood, Lyubushkin

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Star Arizona Coyotes forward Clayton Keller could be back soon, per general manager Bill Armstrong, who designated Keller as day-to-day with an upper-body injury suffered in the team’s February 25th game against the Winnipeg Jets. Keller will miss the team’s Sunday game against the Washington Capitals, marking his fourth absence with this injury.

Alexander Kerfoot has slotted into the team’s top-line center role in Keller’s absence, scoring two points in his last three games. That brings Kerfoot’s totals up to 35 points in 60 games – the second-most he’s scored in the last five years. But it pales in comparison to Keller, who leads the Coyotes in scoring by nine points, with 22 goals and 52 points in 56 games. He and winger Matias Maccelli are the team’s only players to break 40 points so far this season, through Arizona’s first 60 games.

Keller’s upgrade to a day-to-day designation is exciting progression for a Coyotes team that’s lost 16 of their last 19 games, getting outscored 49-to-76. Keller continues to be a major piece of Arizona’s offense, averaging over 19 minutes of ice time this season, and will likely slot immediately back into their top forward role when he’s healthy.

Other notes from around the league:

  • San Jose Sharks goaltender Mackenzie Blackwood traveled with the team to face the Minnesota Wild and is trending towards making a return this week, per Sheng Peng with NBC Sports. Blackwood has been facing an undisclosed injury since the team’s Tuesday night loss to the New Jersey Devils, missing San Jose’s last two games. The injury earned Blackwood a spot on injured reserve on Wednesday, making San Jose’s upcoming Tuesday matchup against the Dallas Stars the earliest that he could return. He’s faced a string of injuries this season but has still operated as San Jose’s starter, recording nine wins and a .899 save percentage in 35 games.
  • Toronto Maple Leafs defenseman Ilya Lyubushkin has a head injury, according to head coach Sheldon Keefe, after receiving a hit to the head from New York Rangers forward Matt Rempe. Keefe had some choice words for Rempe’s hit, slamming the rookie winger for leaving his feet and taking a player out of the game. There is currently no timetable for Lyubushkin’s return. He was in his first game with the Leafs this season, after joining the team via trade from the Anaheim Ducks earlier in the week.

Atlantic Notes: Tkachuk, Gadjovich, Johnson, Liljegren

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The Ottawa Senators have announced that team captain Brady Tkachuk will miss the team’s Saturday night game with an upper-body injury. This announcement came just over 20 minutes before game time. The nature of the injury isn’t clear, though Tkachuk did leave the team’s Friday night game early after colliding with Arizona Coyotes forward Liam O’Brien early in the third period. He managed roughly 19 minutes of ice time, six hits, and a +2 before exiting.

Tkachuk has been a major contributor this season, leading the team in goals with 26 and ranked third in points with 50. He’s also recorded 104 penalty minutes on the year – one of just three NHL players to cross the century mark in penalty minutes, with O’Brien leading the league in that category. Ottawa is not currently carrying an extra forward, likely meaning they’ll play Saturday down a player – which would make them eligible for an emergency call-up after the game. Rourke Chartier has served as the team’s de facto recall this season, playing in 34 NHL games and scoring three points, though he’s one of five different Belleville Senators forwards to play with Ottawa this season.

Other notes around the Division:

  • Florida Panthers forward Jonah Gadjovich is expected to return when the team visits the New York Rangers on Monday, per the team’s Senior Digital Content Manager Jameson Olive. Olive describes Gadjovich’s injury as “minor”. Gadjovich also sat out of Florida’s Thursday night win over the Montreal Canadiens. He’s recorded four points, split evenly, and 90 penalty minutes in 31 games this season.
  • Buffalo Sabres defenseman Erik Johnson will continue to sit out of the lineup with illness, per Lance Lysowski of the Buffalo News. Johnson also missed Buffalo’s Thursday night game, after being a surprise absentee from the team’s practice. He’s appeared in 50 games this season, with three goals marking his only scoring. Johnson is in the 16th season of his career, totaling 970 games and 340 points in the league.
  • Toronto Maple Leafs defenseman Timothy Liljegren will be a game-time decision on Saturday, per TSN’s Mark Masters. The 24-year-old defenseman took part in the team’s practice on Saturday, making progress from an undisclosed injury that’s held him out of the team’s last two games. He has 16 points in 40 games this season.

Maple Leafs Assign Nicholas Robertson To AHL

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With the Maple Leafs needing to make a move to open up a roster spot and free up the cap space to officially activate Calle Jarnkrok off LTIR, they’ve elected to send Nicholas Robertson down, announcing (Twitter link) that they’ve assigned the winger to AHL Toronto.

The 22-year-old started the season in the minors with the Maple Leafs taking advantage of his waiver exemption.  He fared quite well early on with the Marlies, picking up five goals and six assists in nine games with them, resulting in a recall back to the big club back in early November; he had been with the Leafs since then until now.

Robertson has played in 41 games at the NHL level so far this season, a career-high.  He has put up reasonable offensive numbers with eight goals and 11 assists in those appearances while averaging a little over 11 minutes a night almost exclusively at five-on-five.  He had been playing regularly as of late but once again, his waiver exemption likely worked against him.

Once the trade deadline passes, there are no more limits on roster sizes so depending on what Toronto’s salary cap situation looks like by then, it’s quite possible that Robertson is back with the Maple Leafs by this time a week from now if he is still with the organization at that point.  If not, he’ll have an opportunity to play much bigger minutes with the Marlies which could help him heading into restricted free agency this summer.

Maple Leafs To Activate Calle Jarnkrok Off LTIR

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The Maple Leafs will be welcoming back an important part of their forward group tonight as head coach Sheldon Keefe confirmed to reporters including David Alter of The Hockey News (Twitter link) that winger Calle Jarnkrok will play tonight versus the Rangers.  This means that they will be activating him off LTIR.

The 32-year-old has missed the last 13 games after sustaining a broken knuckle at practice in January.  Jarnkrok’s versatility has come in handy for Toronto this season as he has played at all three forward positions while being shuffled around on various lines.  Along the way, he has chipped in with ten goals and nine assists through 46 games while logging over 15 minutes a night.

In order to make the activation official, Toronto will have to get cap-compliant.  They’ll need to clear around $654K in cap room and open up a roster spot before Jarnkrok can be added to the active roster.  Toronto only has two waiver-exempt players (Matthew Knies and Nicholas Robertson) and it’s clear that Knies isn’t going anywhere.  Assigning Robertson to AHL Toronto would be the simplest solution.

However, if they don’t want to do that, they can place a player on waivers later today and designate him as a non-roster player to open the roster spot.  That said, if they do that, they will also need to make an LTIR placement, moving either Conor Timmins (mononucleosis) or Mark Giordano (concussion) to LTIR to open up the necessary cap space since the waived player would still count against the books.  While it will take some roster juggling, it’s a change that will be worthwhile to get Jarnkrok back into their lineup.

Maple Leafs Notes: Trade Deadline, Giordano, Lyubushkin, Liljegren, Järnkrok

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The Maple Leafs are willing to part with a first-round pick at the trade deadline for the right deal, GM Brad Treliving said Friday (via Jonas Siegel of The Athletic). That deal won’t take the form of a rental acquisition, as Treliving preached being “careful with first-round picks for short-term help,” which falls in line with the organization’s reported unwillingness to surrender one in a deal for former Flames blue-liner Chris Tanev, now traded to the Stars.

In terms of blue-line targets, that could include Capitals shutdown man Nick Jensen, who Sportsnet’s Elliotte Friedman said the Maple Leafs may have interest in on Friday’s “32 Thoughts” podcast episode. He’s having a down year offensively, with eight assists in 56 games, but he logs top-four minutes consistently. He’s also controlled possession quality well over the past few seasons in shutdown-only usage.

Jensen’s $4.05MM cap hit through 2026 may be too much term for Treliving’s liking, though, especially if the Capitals are averse to retaining salary. With Jensen locked up for a few more years, there’s also little incentive for Washington to move him while they’re in the middle of a playoff race unless a significant offer is tabled.

Other updates from the Leafs:

  • Veteran defenseman Mark Giordano sustained a concussion when he crashed into the boards during the first period of yesterday’s 4-2 win over the Coyotes, head coach Sheldon Keefe confirmed (via Lance Hornby of the Toronto Sun). He has been designated for injured reserve before tomorrow’s game against the Rangers, opening the roster spot necessary for Ilya Lyubushkin after the team acquired him from the Ducks last night. The Leafs are hoping Lyubushkin can debut in his second stint with Toronto tomorrow if travel issues don’t pose any threats, Keefe said. If he makes it, he’s expected to be reunited with former partner Morgan Rielly. He would replace Giordano in the lineup and allow T.J. Brodie to slide back to his natural left side along with Jake McCabe on a shutdown second pairing.
  • Another question mark for tomorrow is the health of Timothy Liljegren, who did not practice today but hasn’t been ruled out against the Rangers, Keefe said. Liljegren, 24, has now missed two games with an undisclosed injury but would provide the Leafs with two right-shot options if he and Lyubushkin are both okay to play. His return would push William Lagesson to the press box, and he would likely replace McCabe on the second pairing alongside Brodie. That duo was quite effective during Rielly’s recent five-game suspension, dominating possession play while shouldering top-pairing minutes. McCabe would then form a third pairing with Simon Benoit, giving Toronto perhaps their most well-rounded defense lineup of the season.
  • Someone who could force an additional roster move is winger Calle Järnkrok, who practiced today and is nearing a return from a knuckle fracture that’s kept him out since late January. Keefe did not rule him out for tomorrow’s game, although he seems unlikely to return just yet. The Leafs will need to open a spot on the roster for his return, which could result in placing recent frequent healthy scratch Noah Gregor on waivers or demoting their lone waiver-exempt depth forward, Nicholas Robertson, to the AHL’s Toronto Marlies. Järnkrok replaced Robertson’s role in the lineup during line rushes at this morning’s practice, skating alongside Bobby McMann and captain John Tavares in his new third-line role.

Maple Leafs Were Finalists For Chris Tanev

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Among the finalists for Tanev were the Avalanche, Canucks, Maple Leafs, and Oilers, TSN’s Pierre LeBrun said on Thursday’s episode of “Insider Trading.” Toronto was in conversations later than other teams, as LeBrun reports Leafs GM Brad Treliving had discussions with the Flames’ front office as late as hours before Tanev was dealt to Dallas.

Toronto Maple Leafs Acquire Ilya Lyubushkin From Anaheim

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The Toronto Maple Leafs have acquired defenseman Ilya Lyubushkin from the Anaheim Ducks. The deal formally sent Lyubushkin from Anaheim, who retained 50 percent of his cap hit, to the Carolina Hurricanes, who retained another 25 percent, and then to the Leafs. Lyubushkin carries a $2.75MM cap hit, meaning that Toronto is only due $687,500 against their cap – less than a league-minimum contract.

In return, Toronto sent Anaheim a 2025 third-round draft pick and Carolina a 2024 sixth-round pick. The trade broke after Lyubushkin was surprisingly absent from Anaheim’s Thursday night game against the San Jose Sharks.

This marks the second time that Toronto has traded for Lyubushkin, with the previous coming during the 2021-22 season when they sent Nick Ritchie and a 2025 second-round pick to the Arizona Coyotes for Ryan Dzingel and Lyubushkin.  Lyubushkin would go on to play in 31 games for the Leafs, recording six points and 25 penalty minutes. He signed with the Buffalo Sabres in the following summer and was traded to Anaheim from Buffalo last season. The formerly undrafted defenseman has totaled 334 games across his journeyman career, adding 43 points and 181 penalty minutes. He joined the league in the 2018-19 season, making his debut with the Arizona Coyotes after four seasons with the KHL’s Yaroslavl Lokomotiv.

Toronto has also received the rights to Kirill Slepets from Carolina, to facilitate their retention of Lyubushkin’s cap hit. Slepets has played in the KHL  since the 2018-19 season, growing up through Russia’s juniors league. He remains unsigned in the NHL. Carolina originally drafted him in the fifth round of the 2019 NHL Draft.

Timothy Liljegren Remains Out Thursday

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Carolina Hurricanes goaltender Frederik Andersen will hopefully return within the next week, per Hurricanes general manager and president Don Waddell. Andersen has been out since November 2nd, battling a deep-vein thrombosis with a subsequent pulmonary embolism. Andersen was cleared to resume skating on January 31st. Now nearly a month later, Andersen is progressing back to game readiness – a sigh of relief for a Carolina team that’s leaned on five different goalies this season.

Andersen played in six games this season before stepping away, recording four wins and a .894 save percentage. He served as Carolina’s most frequently used goalie last season, playing in 34 games and recording a .903 save percentage. It was a step down from the  2021-22 season, his first year in Carolina, when he managed an impressive 35 wins and a .922 save percentage in 52 games. The 34-year-old Andersen is signed through the end of the 2024-25 season, carrying a $3.4MM cap hit.

Other notes from around the league:

  • The Ottawa Senators are expecting to miss forward Joshua Norris for an extended time, per the team’s head coach Jacques Martin. Norris recently underwent an MRI to assess the severity of an upper-body injury. He sustained the injury in Ottawa’s Tuesday night game against the Nashville Predators, crashing hard into the boards. The collision seemed to come close to Norris’ left shoulder, which was surgically-repaired after the 2019 World Junior Hockey Championship. This news could make Norris a candidate for long-term injured reserve, which would provide Ottawa with enough cap space to recall extra bodies to fill in for Norris.
  • Timothy Liljegren is continuing to carry a day-to-day injury designation and won’t play in the team’s Thursday night game against Arizona, per head coach Sheldon Keefe. Liljegren has been out since February 4th, battling an undisclosed injury. He’s recorded 16 points in 40 appearances this season.

Maple Leafs Activate Joseph Woll, Loan Maxime Lajoie To AHL

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The Toronto Maple Leafs have activated goaltender Joseph Woll off of long-term injured reserve. He’s missed the team’s last 35 games, sitting out since December 7th with an ankle injury. Toronto also loaned defenseman Maxime Lajoie to the minor leagues, in order to make space for Woll’s return.

Woll is expected to start for Toronto when they take on the Arizona Coyotes on Thursday night. He’s now one of three goalies on the Leafs’ active roster, alongside Martin Jones and Ilya Samsonov. Samsonov is expected to back up Woll on Thursday, though the Leafs are planning to continue carrying three goaltenders for the foreseeable future, head coach Sheldon Keefe shares.

This list could grow quickly, though, as veteran netminder Matt Murray is progressing from bilateral hip surgery, and rookie Dennis Hildeby is continuing to post strong numbers in the minor leagues. While Murray hasn’t played any games this season, and Hildeby has yet to make his NHL debut, both goalies could quickly challenge the security of Toronto’s crease.

But a goalie race could be good for the Maple Leafs, who boast impressive young talents in Woll and Hildeby, serviceable veterans in Samsonov and Murray, and a reliable pro in 34-year-old Jones. It’s Woll that seemingly has a leg up on his competition, recording an impressive eight wins and .916 save percentage in the 15 games he’s been healthy for this season. He and Jones are the only Leafs goalies carrying a save percentage above .900 this season, though Murray posted a .903 in 26 games last year. He’s recovering from a similar surgery to Jesse Puljujarvi, who is still fighting his way back into an everyday NHL role. Answering how quickly Woll can return to form after two months out, and how limited Murray will be after intense surgery, will go far in helping Toronto identify the goalie that will lead them into the postseason.

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