The Leafs made headlines in the National Hockey League early in the day when they announced that they were trading veteran star Patrick Marleau to the Carolina Hurricanes. The Leafs intended to move Marleau in hopes that they can create cap space.
The Leafs acquired back a 2020 6th round pick, a conditional 2020 1st round pick and a 2020 7th round pick for the veteran forward. The 2020 1st round pick is lottery protected, meaning if Toronto somehow got a Top 10 pick, Carolina would receive Toronto’s 2021 first instead of the 2020 pick. Leafs basically had to give up a first to trade Marleau’s contract without retaining salary.
The Leafs now have a projected $14M in cap space and still have to tackle to task of signing RFAs Mitch Marner, Andreas Johnsson and Kasperi Kapanen. All of whom hold more value than a late first round pick. Expect the Leafs to make more transactions leading up to end of free agency, as they wish to re-sign their disgruntled players on sufficient deals. We await the Leafs’ next move.
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Sources: Elliot Friedman (Sportsnet), Capfriendly.com