Expect the Maple Leafs to turn their attention to finalizing contracts for unrestricted free agents Jani Hakanpää and Max Pacioretty after getting a deal done with restricted free agent winger Nicholas Robertson this morning, says Darren Dreger of TSN. With limited cap room, getting a Robertson contract finalized further before training camp was a priority for Treliving to avoid the threat of a late-summer offer sheet, Dreger added.
Hakanpää reportedly agreed to a two-year, $3MM deal with the Leafs when free agency opened on July 1, but the contract was never finalized. That’s because the 32-year-old is still dealing with the effects of a knee injury that ended his 2023-24 campaign shortly after the trade deadline.
A dispute between Hakanpää and the Leafs’ medical staff about whether he can play through the injury, which has left his knee “basically bone on bone,” led Chris Johnston of TSN and The Athletic to say last month that Toronto was unlikely to end up registering the contract. It appears they’re still holding out hope, though, and are trying to get the stay-at-home defender in a Maple Leafs sweater before training camp opens next Wednesday.
After signing Robertson, though, they don’t have the capacity to stomach Hakanpää’s $1.5MM cap hit as reported. They could become cap-compliant by shedding Conor Timmins’ $1.1MM cap hit, either by trade, waivers or burying him in the minors. Doing so would leave the Leafs with just $333 in cap space with an open roster spot, per PuckPedia. They currently have $400,333 in projected space with Robertson and Timmins on the NHL roster.
Hakanpää has come into his own as a valuable shutdown presence in Dallas, posting 40 points and a +29 rating in 226 appearances for the Stars over the past three seasons while averaging 17:47 per game. If signed, the right-shot defenseman projects to slot into a bottom-four role, potentially bumping Jake McCabe back to his natural left side and Simon Benoit to the press box.
They’d still need to make another move in order to add Pacioretty. The Maple Leafs were linked to the 35-year-old winger late last month, and he remains on the market in search of a guaranteed contract rather than a professional tryout.
Treliving appears willing to make that guaranteed deal work. It’ll likely end up as a league-minimum $775K cap hit before performance bonuses – which he’s eligible for with a 35+ contract. Those bonuses could result in cap pain for the Leafs down the line, but it would require minimal work to make him fit on the roster now. They could waive, trade, or otherwise demote any roster player aside from Joseph Woll and have a pathway to cap compliance with both Hakanpää and Pacioretty, assuming Timmins is off the roster as stipulated earlier.
Coming off back-to-back Achilles injuries, Pacioretty posted four goals, 19 assists and 23 points in 47 games for the Capitals last season with a -14 rating. He’s due for significant positive regression in the goal-scoring department after shooting at an abysmal 4.2%, nearly seven points south of his 11.1% career average.