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Maple Leaf Notes: Stolarz, Top-Six Forward, Domi, Dubé

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For the past two weeks, the Toronto Maple Leafs and netminder Anthony Stolarz have been negotiating a new contract extension. Unfortunately, nothing has materialized yet, although a few updates were revealed in today’s media availability.

According to David Pagnotta of The Fourth Period, Stolarz reiterated his hope and desire for a new deal, saying, “We’re hopeful to get to a good outcome… I’m confident, until proven otherwise, that we can find something that’ll work.” Still, despite the positive update, Stolarz wants to get a deal finished before the start of the regular season.

In an update from Chris Johnston of The Athletic, the 31-year-old netminder has made his intentions known that he’s unwilling to negotiate once the regular season has begun. Although the Maple Leafs want to maintain cap space for next offseason, it would be wise for them to strike a deal with Stolarz quickly.

Outside of some injury concerns, Stolarz has been remarkably consistent over the last two years with the Florida Panthers and Maple Leafs. Since the start of the 2023-24 campaign, Stolarz has recorded a 37-15-5 record in 61 games with a .926 SV% and 2.10 GAA.

Other notes from the Maple Leafs:

  • Like many teams around the league, Toronto remains on the hunt for a top-six forward, according to Terry Koshan of the Toronto Sun. Per Koshan, General Manager Brad Treliving spoke of his pursuit, saying, “It’s not from lack of trying … you’re always looking to improve. League-wide, it was a slower summer.” The Maple Leafs have seemingly lost their opportunity on the free agent market, but could pursue a meaningful trade as training camp progresses.
  • In the same vein, David Alter of The Hockey News reports that Max Domi is being considered to fill a top-six role for the time being, specifically on the right side next to Auston Matthews and Matthew Knies. Unfortunately, they’ll have to wait some time to see Domi next to the pair, as Koshan reports he’s dealing with a lower-body injury.
  • The last major news item regards an unrestricted free agent that the Maple Leafs won’t pursue. Despite being tied together from their time with the Calgary Flames, Treliving told Pagnotta that Toronto isn’t interested in signing Dillon Dubé, citing the recent Hockey Canada sexual assault trial as a primary factor.

Maple Leafs To Hire Mark Giordano

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After going unsigned for 2024-25, veteran defender Mark Giordano appears to be putting a bow on his playing career. Maple Leafs general manager Brad Treliving said today they’ll announce in the coming days that they’ve hired him in a yet-to-be-disclosed role with their AHL affiliate, according to David Alter of The Hockey News.

That would signal the retirement of one of the game’s premier defensemen of the 2010s. He was intent on playing last season and beyond, his agent said last offseason. The Oilers and Sabres had expressed interest in him into training camp in 2024, as well as potential reunions with the Flames and Leafs, but no contract ever panned out. He’ll now make the jump into the next phase of his hockey career.

Giordano is in the running for one of the most fruitful undrafted free agent signings of all time. He landed his first NHL contract during the 2004-05 lockout, signing with Calgary out of OHL Owen Sound and spending the canceled year in the AHL. He made his NHL debut when the league resumed play for 2005-06. He got his first taste of full-time action the following year, making 48 appearances in a depth role. Without a guarantee of expanded playing time from the Flames entering 2007-08, though, Giordano opted not to re-sign with the club when his entry-level contract expired. He instead spent the year in Russia with Dynamo Moscow while remaining a restricted free agent.

He returned to the Flames for the 2008-09 season, more earnestly kicking off his career as a top-four fixture. He was more of a defensive-oriented piece early on but as he entered his 30s, his offensive production began to soar as well. He hit the 40-point mark for the first time in 2010-11 and, beginning with the prior year, averaged north of 20 minutes per game for Calgary for 12 years in a row.

Widely regarded as a top-20 defenseman in the league for most of his prime, Giordano exploded in the 2018-19 campaign for a career year at age 35. He took home the Norris Trophy and finished ninth in MVP voting on a 50-win Flames squad that year, racking up 74 points and a league-leading +39 rating in 78 appearances.

The Flames’ record slipped over the next couple of seasons, though. With Giordano entering the final season of his contract in the 2021 offseason and the Flames wanting to protect younger names like Rasmus Andersson and Noah Hanifin in that year’s expansion draft for the Kraken, the club left their captain exposed. Seattle picked him up, making him their first captain in franchise history, but his tenure in the Pacific Northwest was short-lived. The club was in the basement of the Pacific Division in their first year and, after Giordano scored 23 points in 55 games, traded the pending UFA to the Maple Leafs at the deadline for draft picks.

While the following summer meant the end of the six-year, $40.5MM contract he signed back in 2015, it didn’t mean the end of his time in Toronto. He signed a team-friendly two-year, $1.6MM deal that would see him finish his playing career with the Leafs as a serviceable bottom-pairing support piece. He made 144 regular-season appearances in a Toronto uniform in parts of three seasons, recording a 9-36–45 scoring line and a +49 rating.

Giordano’s 1,093 games in his second NHL stint rank seventh in the league among defensemen since 2008. His 561 points also rank 12th during that time. The Toronto native totaled a 158-419–577 scoring line in 1,148 career regular-season appearances with a +129 rating across 18 campaigns. All of us at PHR wish Giordano the best as he continues his career in the sport off-ice.

Image courtesy of Kim Klement Neitzel-Imagn Images.

Latest On Matias Maccelli

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  • At the end of 2023-24, it looked as though Matias Maccelli was inching his way to star status as an NHL scorer. The Finnish winger had scored 57 points in his second full season in the NHL, but things went badly wrong in 2024-25. Maccelli’s offense cratered, and he found himself in-and-out of the Utah lineup en route to a final total of just 18 points. Now with the Toronto Maple Leafs thanks to an offseason trade, Maccelli is a candidate to have a real bounce-back year in 2025-26. He told The Hockey News’ Nick Barden today that his level of motivation is “probably the highest it has ever been,” and expressed some hope that he’ll get to play with and learn from some of the Leafs’ “top names.” Toronto has a major scoring void to fill after the departure of Mitch Marner to the Vegas Golden Knights, so Maccelli will have a massive opportunity to get his career back on the right track. If he can show chemistry with one of Toronto’s two star centers, he could quickly find himself back in the strong statistical company he once held.

Maple Leafs, Anthony Stolarz Holding Extension Talks

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Sep. 12th: David Pagnotta of The Fourth Period offered an update today regarding the ongoing extension talks between Stolarz and the Maple Leafs. Unfortunately, Pagnotta indicated that no progress has been made to date, although both sides remain hopeful and are still committed to working something out.

Sep. 3rd: The Leafs have opened extension discussions with goaltender Anthony Stolarz, general manager Brad Treliving tells Pierre LeBrun of The Athletic. He divulged that those talks have been ongoing “for some time” and that they’ve explored multiple options, presumably those with varying term.

Stolarz is a slam-dunk extension target, even with the younger and highly competent Joseph Woll as the other half of Toronto’s tandem. The 31-year-old has been one of the better backups in the league for some time before landing with the Leafs in free agency last year, finishing fifth in Vezina Trophy voting after posting a league-high .926 SV% in a career-high 33 starts and one relief appearance.

That strong play yielded a 21-8-3 record along with a 2.14 GAA and four shutouts. He was incredibly consistent over the course of the season, and by the numbers, no one in the league was more effective on a per-game basis. Among goalies with at least 15 appearances, no goalie saved more goals above expected per 60 minutes than Stolarz’s 0.779 mark, per MoneyPuck. That figure is a whole 0.144 clear of Vezina winner Connor Hellebuyck’s.

Still, that elite level of play combined with his outright lack of track record as a starter or even 1A option makes him something of a unicorn. Stolarz had never even started 25 games in a season entering last year, although his career numbers (.917 SV%, 2.55 GAA, 64-39-12 record in 142 GP) remain well above average since he made his NHL debut with the Flyers back in 2016.

His lack of ice time has been influenced by a variety of reasons, but none more pertinent than his injury history. He would have started the majority of his team’s games for the first time last year if not for midseason knee surgery – his second in the last three years – that kept him out for nearly two months. He began the postseason as Toronto’s starter and guided them to a six-game dispatching of the Senators in the first round, but sustained a concussion in Game 1 of their second-round loss against the Panthers, ending his season.

Yet that also paints a picture of Stolarz being an incredibly resilient goaltender, reaching his peak and establishing himself as an elite tandem option 13 years after Philadelphia took him in the second round of the 2012 draft. The 6’6″, 234-lb netminder has now posted a save percentage north of .920 in four of his last six NHL seasons, and his .926 combined SV% over the last two seasons leads everyone with at least 25 starts.

Treliving already made something of an insurance policy for himself by signing Woll to a three-year, $11MM extension as soon as he became eligible to ink one last year. That contract is only going into effect now, meaning Woll, who has a 39-25-2 record and .908 SV% over his first two seasons as a full-time NHL option, is locked in at a $3.67MM cap hit through 2027-28. It would make sense that Toronto opines for a three-year extension for Stolarz, keeping his injury history in mind, but staggering the expiry of his and Woll’s contracts.

His open-market value is hard to predict. Even after excelling in a backup role with the Panthers in 2023-24, he only landed a two-year deal with a $2.5MM cap hit with Toronto in free agency. AFP Analytics projects a two-year extension for Stolarz at just north of $4.25MM per season – that’s with the projected cap jump to $104MM – and the AAV likely wouldn’t differ much with an additional year of term.

That would still make Stolarz and Woll, the latter of whom is just entering his prime, one of the most cost-effective tandems in the league, especially when considering the market set by extensions for names like Logan Thompson ($5.85MM AAV) and Adin Hill ($6.25MM AAV) last season. Without a slam-dunk prospect in the system behind Woll and next summer’s premier UFA options (Sergei Bobrovsky, Filip Gustavsson, Jacob Markström) likely out of their price range, hedging their bets on Stolarz and Woll continuing to split the crease in a more cost-effective manner is likely their best path forward.

Berube's Comments Might Not Be Good Sign For Robertson

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  • In an interview with Jonas Siegel of The Athletic earlier this week (subscription link), Maple Leafs head coach Craig Berube declined to speak about winger Nicholas Robertson’s situation, merely noting that there will be a lot of competition at training camp. In a follow-up column to that interview (subscription link), Siegel suggests that might not be an encouraging sign for the soon-to-be-24-year-old.  Robertson notched 15 goals and seven assists in 69 games last season, earning him a $1.8MM contract to avoid salary arbitration but his fit in Toronto’s lineup remains uncertain at best.  He remains a player to keep an eye on when it comes to a trade over the coming weeks, especially if it looks like he’ll be on the outside looking in at a lineup spot in early October.

Ken Dryden Passes Away At 78

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Early Saturday morning, the Canadiens announced that their long-time goaltender and Hall of Famer Ken Dryden passed away Friday at the age of 78 after a battle with cancer.  Team owner Geoff Molson released the following statement:

Ken Dryden was an exceptional athlete, but he was also an exceptional man. Behind the mask he was larger than life. We mourn today not only the loss of the cornerstone of one of hockey’s greatest dynasties but also a family man, a thoughtful citizen and a gentleman who deeply impacted our lives and communities across generations. He was one of the true legends that helped shape this Club into what it is today.

Drafted by Boston back in 1964, he was traded to the Canadiens that same offseason.  He spent three seasons at Cornell, posting a sterling 76-4-1 record before turning pro and entering Montreal’s farm system, a place he didn’t spend much time in before getting the call to the NHL.

Dryden was a crucial member of Montreal’s dynasty in the 1970s.  He played in eight seasons with the Canadiens during that stretch, compiling a 2.24 GAA and a .922 SV% in 397 games, winning the Calder Trophy in 1972 along with five Vezina Trophies for the NHL’s best goaltender.  In the playoffs, he was similarly dominant, helping lead Montreal to six Stanley Cup victories in that span.  Dryden was also a key contributor in Canada’s victory over the Soviet Union in the 1972 Summit Series and was inducted into the Hall of Fame in 1983.

But hockey wasn’t Dryden’s only passion.  He was in law school in the early part of his career and famously didn’t play in 1973-74 while articling at a Toronto law firm after the Canadiens wouldn’t rework his contract.  Then, following the 1978-79 season, he decided to retire altogether at the age of 31.

Dryden got into broadcasting and wrote multiple books to stay involved in the game of hockey and then joined the Maple Leafs in 1997, serving as their team president through 2004.  Toronto had a pair of Conference Final appearances during that stretch, a plateau they have not reached since.

Dryden then stepped away from hockey to serve in politics, becoming a Canadian Member of Parliament from 2004 through 2011.  Soon after, he was awarded the Order of Canada for contributing to the sport of hockey and to public life.

We here at PHR join the hockey world in mourning Dryden’s passing and send our condolences to his family, friends, and loved ones.

Scott Laughton Hopeful For Extension With Maple Leafs

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If forward Scott Laughton had his way, he wouldn’t become an unrestricted free agent next summer. In a recent interview with Nick Barden of The Hockey News, Laughton shared his hope that extension negotiations with the Toronto Maple Leafs would come.

During last deadline season, the Maple Leafs acquired Laughton from the Philadelphia Flyers for a 2027 first-round pick and Nikita Grebenkin. Although he didn’t contribute offensively as much as he would have liked to (two goals and two assists in 20 games), Laughton was a stellar addition on the defensive side of the puck, securing a 54.7% success rate in the faceoff dot and a 92.2% on-ice save percentage at even strength.

This summer, the acquisition of Nicolas Roy from the Vegas Golden Knights as part of the Mitch Marner sign-and-trade might prevent Laughton from replicating his performance from the 2022-23 season with the Flyers. However, his defensive value should still be significant for the Maple Leafs moving forward.

Specifically, in the interview, Laughton was quoted, saying, “I think that’s something that I haven’t thought too much into, actually. I think I got to focus on helping this team, and hopefully those conversations come.” Although it was a soft acknowledgement of his desire to stay in Toronto, it’s an even larger acknowledgement that those conversations haven’t taken place yet.

Laughton’s next contract will depend on his performance in the 2025-26 season and his asking price. The Maple Leafs don’t have much money coming off the books next summer, but they only have a few players worth retaining. Netminder Anthony Stolarz, who has reportedly already begun extension talks, depth forward Bobby McMann, and Laughton serve as the only reasonable extension candidates, which Toronto should have no issue keeping should they find each player’s price amenable.

Still, given that Toronto is only paying half of Laughton’s salary for the 2025-26 season, a solid campaign from the veteran center could price himself out of Toronto. The Maple Leafs may not have a wealth of prospects, but young player Easton Cowan could compete for Laughton’s position in the upcoming year. This potential development might give the Maple Leafs greater leverage in any extension discussions.

Atlantic Notes: Meloche, McTavish, Hildeby

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Sabres goaltending prospect Samuel Meloche has committed to Northeastern University, he announced on Instagram. It’s unclear if the 18-year-old will join the school for the upcoming 2025-26 season or return to the QMJHL’s Rouyn-Noranda Huskies, where he emerged as a starter in his draft year, before heading to the college ranks in 2026-27. He was a fourth-round selection in June and checked in as one of the more athletic goalies in this year’s class. The 6’2″, 190-lb netminder had a .900 SV%, 2.90 GAA, five shutouts, and a 30-14-6 record for the Huskies last year – now committing to a school with the same moniker.

Other updates from the Atlantic Division:

  • As the Bruins continue to overhaul their center pipeline, swinging a trade for Ducks restricted free agent Mason McTavish may be among the most realistic options they have to add a top-six piece, Conor Ryan of the Boston Globe opines. “If McTavish is actually available, the Bruins likely would need to relinquish a first-round pick or two, along with an intriguing prospect or young NHL player,” Ryan wrote. “There’s plenty of risk involved with moving first-round picks — especially for a retooling team that could land another top-10 pick next June. But a player such as McTavish also represents a high-upside addition with established production and room to grow — especially given his age.“
  • After signing a three-year deal this morning, Maple Leafs goalie Dennis Hildeby will have a $945K qualifying offer due upon expiry in 2028, PuckPedia reports. His one-way salary in the final year of the deal will be $900K after earning a $775K NHL/$350K AHL breakdown this season and an $850K/$450K split in 2026-27.

Maple Leafs Sign Dennis Hildeby To Three-Year Deal

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Maple Leafs goaltender Dennis Hildeby had spent most of the summer as a restricted free agent, but he finally has a new contract in hand. The team announced Tuesday that they’ve signed their No. 3 option between the pipes to a three-year deal, keeping him in Toronto through 2027-28.

Hildeby’s deal carries a two-way structure through 2026-27 before converting to a one-way deal in its final season, the team said. He’ll carry a cap hit of $841,667 if he’s on the NHL roster.

The 24-year-old is coming off his first season of NHL action. The towering Swede didn’t fare all that well in his six starts, however, logging a .872 SV% and 3.33 GAA with a 3-3-0 record. Only two of those starts were quality ones, and he conceded 4.3 goals above expected in just over 360 minutes of ice time, per MoneyPuck.

Toronto is betting on there still being better days ahead in Hildeby’s development. He was initially draft-eligible in 2019 but was passed over three times before finally being selected by the Leafs in the fourth round in 2022 following a small but stellar first taste of professional action with Färjestad BK in Sweden’s SHL.

After Hildeby became the first player from the 2022 class to sign his entry-level deal, Toronto loaned him back to Färjestad before bringing him to North America at the end of the 2022-23 season. He’s largely remained on assignment to the AHL’s Toronto Marlies ever since, where he has a .909 SV%, 2.53 GAA, six shutouts, and a 37-21-14 record in 73 appearances for the club in the last three years.

Hildeby was an AHL All-Star in 2023-24 and, since he won’t require waivers for another season, is virtually guaranteed to begin this season as the Marlies’ starting option unless an injury strikes down one of Toronto’s NHL tandem of Anthony Stolarz and Joseph Woll in preseason. He’ll be the Leafs’ only real recall option unless they make another addition. Their other goalies under contract, Russians Artur Akhtyamov and Vyacheslav Peksa, are potentially high-ceiling options but are still too early in their development to warrant an NHL look.

Summer Synopsis: Toronto Maple Leafs

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Now more than a month into the new league year, the bulk of the heavy lifting has been done from a roster perspective. Most unrestricted free agents have found new homes, the arbitration period has come and gone, and the trade market has cooled. Accordingly, it’s a good time to take a look at what each team has accomplished this offseason. Next up is a look at Toronto.

The Maple Leafs were big spenders at the trade deadline, augmenting their roster for what they hoped would be a long playoff run.  However, they were ousted in the second round by Florida, leading to the resumption of calls to shake things up.  They did just that, parting ways with one of their top players, using those savings to shore up their overall depth in the hopes that this will be the year that they take that next step forward.

Draft

2-64 – F Tinus Luc Koblar, Leksand (Sweden U20)
3-86 – F Tyler Hopkins, Kingston (OHL)
5-137 – F William Belle, U.S. U18 (NTDP)
5-153 – F Harry Nansi, Owen Sound (OHL)
6-185 – D Rylan Fellinger, Flint (OHL)
7-217 – F Matthew Hlacar, Kitchener (OHL)

The Maple Leafs took a unique approach to this year’s draft. They leaned into projectable floors, rather than high ceilings, in what was widely considered a shallow draft class. That approach did elicit some surprise, namely Luc Koblar’s selection at the end of the second-round. The lanky, high-tempo Norwegian was considered a mid-round pick across many public and private draft boards, though many claimed that was due to a lack of attention rather than a lack of skill. He does boast smooth skills in his 6-foot-3, 190-pound frame – with capable and quick skating and stickhandling. That foundation, and a snappy ability in the middle lane, could leave Luc Koblar just a few years away from a meaningful pro role. He’ll define his long-term potential with how well he adds a stronger first step, and sharper physical presence.

Toronto curbed a confident reach in the second-round by selecting a scout’s favorite in the third. Hopkins was praised by many for his simple, effective, and imposing drive throughout the Kingston Frontenacs season. He plays heavier than his 6-foot-1, 179-pound frame suggests, and showed a strong ability to keep tempo with smaller and faster linemates. He’ll offer the upside of an all-three-zones, physical presence. The same can be said about Belle and Nansi, the former a high-motor forechecker who began his hockey journey in China; and the latter a growing support winger. Both Fellinger and Hlacar will offer hard-hitting ability to round out a class of unexciting, but seemingly projectable, draft picks.

Trade Acquisitions

F Dakota Joshua (from Vancouver)
F Matias Maccelli (from Utah)
F Nicolas Roy (from Vegas)
D Henry Thrun (from San Jose)

With the understanding that Mitch Marner was likely heading to Vegas one way or the other via either a sign-and-trade or free agency, GM Brad Treliving was at least able to salvage something out of the situation with Roy’s acquisition.  He has reached the 30-point mark in four straight seasons, ranging between 13 and 15 goals in each of them.  More importantly, he’s a natural center, giving them a much-needed option down the middle which should allow them to use Max Domi on the wing, a position he’s better suited to playing.  Between Roy and deadline acquisition Scott Laughton, Toronto’s center group is much deeper than it has been in recent years while giving them a much bigger group of bottom-six middlemen, fitting in with Treliving’s goal of getting the team tougher to play against.

That last bit also helps justify the acquisition of Joshua on a buy-low pickup from Vancouver.  He’s only one year removed from a breakout 18-goal, 32-point campaign but last season was a struggle as he worked his way back from testicular cancer plus some nagging in-season injuries.  If all goes according to plan, he’ll help out their depth scoring and penalty killing.

Treliving also bought low on Maccelli, grabbing him from Utah for a conditional third-round pick.  Last season was a tough one as he slid down the depth chart but two years ago, he was fourth in Calder Trophy voting.  In between those two years, he finished third on the Coyotes in scoring with 57 points.  He has shown legitimate top-six upside early in his career and with Marner gone, they’ll be counting on him to help replace some of the playmaking that they lost.

UFA Signings

F Travis Boyd (one year, $775K)*
F Benoit-Olivier Groulx (two years, $1.55MM)
F Vinni Lettieri (one year, $775K)
D Dakota Mermis (two years, $1.55MM)
F Michael Pezzetta (two years, $1.55MM)

* denotes two-way contract

After making a splash on the open market last summer with some moves on the back end, Toronto’s free agent activity was on the depth front this time around.  Of the above signings, only Pezzetta was on an NHL roster for the entire season and he played in just 25 games.  However, he had been more of a regular on the fourth line with Montreal for the previous three years and has 200 games at the top level under his belt.  He’s someone who will be in a battle for a spot at the back of the NHL roster.

The Group Six UFA market wasn’t particularly strong this year and most players went from being on low-cost two-way contracts to being on low-cost two-way contracts with another organization.  Groulx was one of the exceptions, securing a two-year, one-way agreement with Toronto.  He’s only a year removed from playing in 45 games with Anaheim but he didn’t get a sniff of action at the top level last season, instead playing exclusively with AHL Hartford.  The team is likely eyeing him for depth with the AHL’s Marlies but he could be an under-the-radar add.

Experience is the name of the game with their other pickups.  Boyd has a pair of 30-point-plus seasons in the NHL under his belt in nearly 300 games but has been more of an AHL regular in recent years and is likely ticketed to be a big scorer with the Marlies.  Lettieri was a regular with Boston for a good chunk of the second half of last season which helped earn him a one-way salary but he’s probably heading for the AHL as well.  Mermis was claimed off waivers twice last season although it didn’t help him play much in the NHL as he suited up just four times.  He’ll be among their more experienced recall options in the minors, assuming he gets through waivers unclaimed in training camp.

RFA Re-Signings

F Matthew Knies (six years, $46.5MM)
F Nicholas Robertson (one year, $1.825MM)
D William Villeneuve (one year, $775K)*

* denotes two-way contract

Speculated as a potential offer sheet candidate had he made it to July 1st, the Maple Leafs made sure that Knies didn’t get there, agreeing to terms of this contract not long after the draft.  In his two full NHL seasons, he has worked his way into being a legitimate top-line winger and at 22, there’s still room for optimism that he has another level to get to offensively.  In an ideal world, they would have been able to get him locked up for longer as they ultimately only picked up one extra year of club control with this contract but the price tag to do so would have pushed past the $8MM AAV mark which would have limited their flexibility to add other pieces.  With Auston Matthews still having three years left on his deal, two-thirds of Toronto’s top line will be in place for at least that long.

Robertson came pretty close to going to an arbitration hearing but the two sides were able to get this deal done beforehand.  He put up a career-best 15 goals in 69 games last season despite averaging only 12 minutes a night which helped him nearly double his previous price tag.  Nonetheless, his future with the Maple Leafs still seems a little murky, especially with his trade request from a couple of years ago but this agreement buys both Robertson and the team a little more time to assess his long-term fit.

Departures

F Nicholas Abruzzese (Tampa Bay, one year, $775K)*
F Roni Hirvonen (signed with Karpat, Liiga)
F Pontus Holmberg (Tampa Bay, two years, $3.1MM)
D Mikko Kokkonen (signed with Linkoping, SHL)
F Mitch Marner (trade with Vegas)
D Nicolas Mattinen (signed with Adler, DEL)
G Matt Murray (Seattle, one year, $1MM)
D Topi Niemela (signed with Malmo, SHL)
F Max Pacioretty (unsigned)
F Ryan Reaves (trade with San Jose)
F Alex Steeves (Boston, one year, $850K)
F Ty Voit (contract termination, signed with Utah, ECHL)

* denotes two-way contract

Toronto’s summer was overcast by the departure of star winger Marner, coming off the first 100-point season of his career. He was traded to Vegas after agreeing to a max-term, eight-year extension with the Maple Leafs. The sign-and-trade netted Toronto centerman Nicolas Roy as a consolation, though Marner’s presence will be hard to replace on a night-to-night basis. Luckily, Toronto was able to get through the rest of the off-season without many notable changes to their NHL roster. Holmberg will vacate a hardy role in the team’s bottom-six, after netting 19 points in 68 games last season. Pacioretty also helped filled space on the wings, though he was limited to only 13 points and 37 games on the season by a long-term, lower-body injury. The Leafs also landed a positive return for Reaves, who filled the enforcer role through 35 games last season.

The Leafs otherwise enter the season unscathed, replacing much of their minor-league turnover with an active summer. They will maintain the NHL rights for Hirvonen and Niemela through their move to Finland, opening the door for the club to still bank on the former second and third round picks. Steeves and Abruzesse will look to jump above their AHL roles after sitting near the top of Toronto Marlies scoring over the last few seasons. Meanwhile, Murray will look to continue his return from bilateral hip surgery, after posting an encouraging 10-5-4 record and .934 save percentage in 21 AHL games this season. Murray contributed a 15-9-2 record and .901 save percentage over 28 games, and three seasons, with the Leafs.

Key Extensions

F Steven Lorentz (three years, $4.05MM)
F John Tavares (four years, $17.56MM)

Toronto’s summer kicked off on a high note when former captain Tavares signed a team-friendly extension, with an annual cap hit of just $4.38MM. The deal didn’t change the Leafs’ chances at retaining Marner, but landing Tavares at a salary nearly $7MM cheaper than last year did support the team’s push to sign Knies long-term. Tavares continued to produce at a top-level last season, with 38 goals and 74 points in 75 games. He’ll be a true discount headed into next season, where he’ll chase his 1,200th NHL game (currently at 1,184) and 500th goal (currently at 494).

Lorentz will also stick in Toronto, after playing through his first year with the club last season. He finished the year with 19 points in 80 games, operating out of a fourth-line role. This deal is just the second three-year deal of Lorentz’s career. It’s a nice bode of confidence for a depth, two-way winger who has already won a Stanley Cup with the 2024 Florida Panthers, and a Calder Cup with 2019 Charlotte Checkers. He has 62 points in 310 career NHL games, and hasn’t appeared in the minor-leagues since 2020.

Salary Cap Outlook

After years of operating with often multiple players on LTIR, the Maple Leafs project to have $1.919MM in regular cap space heading into the season, per PuckPedia.  That’s not enough to add anyone of consequence in free agency which is why they’re believed to be shopping some of their extra forwards while also being linked to UFA Jack Roslovic if they can free up the money to sign him.  If that doesn’t come to fruition, they’re at least in a spot where they can afford a couple of injury recalls before needing to rely on emergency cap-exempt ones.  That might not sound like much but that’s a big step up from where they have been.  And if they’re able to stay relatively healthy, Treliving might have a bit of wiggle room to work with at deadline time.

Key Questions

Can The Team Replace Marner’s Production? No matter where you stand on Marner moving on, the Maple Leafs still face the challenge of replacing over 100 points. To offset the loss of not only Marner’s offensive production but also his steady two-way play, Treliving prioritized depth signings over chasing a big-name free agent. However, none of those additions bring proven offensive capabilities at the NHL level. To truly offset Marner’s production, the team will likely look for continued growth from players who were already on the roster. This includes the continued rise of the recently extended Knies, who could continue to grow in his age-23 season. The same expectations could be placed on Robertson, who flashed potential with 15 goals in 69 games last season. Trade acquisitions like Roy and Joshua should also be able to chip in. Either way, it’s going to take a committee approach to replace what Marner provided every night.

Is The Goaltending Strong Enough? Joseph Woll is coming off of a solid season, where he posted a solid .909 save percentage, right in line with his career average of .910. However, he struggled with an .886 save percentage in the playoffs, surrendering 23 goals through seven games. Backup Anthony Stolarz fared better in his seven postseason appearances, posting a .901 save percentage, but it too was a far cry from his robust .926 save percentage through 34 regular season appearances. While the duo found success in the regular season — guiding the team to 108 points and an Atlantic Division title — key questions remain: can they elevate their game in the playoffs, steal a must-win game, or go toe-to-toe with the likes of  Sergei Bobrovsky?

Can This Team End The Streak? When the Maple Leafs last won the Stanley Cup, Frank and Nancy Sinatra topped the music charts and the Super Bowl hadn’t even been invented. After 57 years without a championship, the question of when the drought will end only grows louder. So, can this roster, as it stands, finally get over the hump? The Leafs certainly appear to have the offensive firepower to contend with the top teams in the league. The team finished seventh in the league in goals for last season, and still have stars like Matthews, Taveres, and William Nylander leading the way. But does the team have the depth, defense, and goaltending needed to truly make a run?

PHR’s Brian La Rose and Paul Griser also contributed to this post.

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