The Leafs formally announced on day two of the NHL Draft that they had traded forward Patrick Marleau, a 2020 first-round pick (lottery protected) and a 2020 7th round pick to the Carolina Hurricanes. In return, the Leafs got a 2020 6th round pick as well as managed to free $6.25M in cap space for other purposes.
On Monday morning, the Leafs decided to make another transaction when they traded defenseman Nikita Zaitsev, forward Connor Brown, and rising prospect Michael Carcone to the Ottawa Senators, in exchange for defensemen Cody Ceci, defenseman Ben Harpur, forward Aaron Luchuk and a 2020 3rd round pick. In this move, the Leafs cleared a combined $6.6M in cap to make plenty of additional room for signings; however, with Harper’s AAV now being $725K, the trade only cleared $5.8M in cap space for the Maple Leafs.
Toronto managed to rid themselves of $10M+ in cap space in just under a week of work. This allows them to confidently re-sign important players.
The results of the extra cap space come in my next post.
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