According to TSN’s Darren Dreger, Mike Babcock is the new head coach of the Toronto Maple Leafs. The deal is reportedly worth an astounding $50 million over eight years.
Babcock’s future was in limbo since Detroit was eliminated during the first round of the playoffs, and had been linked to the San Jose Sharks and Buffalo Sabres.
According to the Detroit Free-Press, the Red Wings offered Babcock a four-year, $13 million contract, which would have made Babcock the NHL’s highest paid coach.
Image from Michael Miller via Wikimedia Commons
Damien Cox reports that after trade talks with the Wings about Dion Phaneuf fell apart, at least two other teams showed interest in the Leafs’ captain.
There’s widespread belief the Leafs could have done a deal with Detroit involving Dion Phaneuf at the deadline, but backed off, thinking a better trade option might emerge over the coming months. At least two other teams have since approached Toronto about a Phaneuf trade.
Phaneuf is owed $49.5 million over the next six seasons with a cap hit of $7 million.
As expected, Olli Jokinen’s stay in Toronto was a short one. The Maple Leafs traded the forward to the St. Louis Blues in exchange for a conditional sixth round draft pick in 2016.
The Blues will be the 36-year-old’s 10th NHL team of his career and third this season after the Leafs acquired him from the Winnipeg Jets.
Image from Lisa Gansky via Wikimedia Commons
The Toronto Maple Leafs have done the unthinkable: they’ve moved David Clarkson‘s contract. The Leafs take on the contract of the injured Nathan Horton from the Blue Jackets.
The NHL insures contracts up to five years in length, so Nathan Horton’s seven year contract came out of Columbus’ pocket even though even he doesn’t suit up for them again. With Clarkson, the Jackets get a player who could potentially be a third-line winger at the NHL level. As Toronto is a cap-ceiling team, they can replace Horton’s cap-hit with cap hits of an equivalent amount.
After 2014-15, Clarkson has five seasons left at $27.5 million ($5.25 cap hit). Horton has five seasons at $26.1 million left ($5.3 million cap hit).
From February 26th’s TSN Insider Trading:
Bob McKenzie says the Blackhawks definitely want to use the money available from placing Patrick Kane on LTIR on a player with to term on his contract beyond this season. He says, at this point, the Hawks are the most interested team in making a deal before the deadline, and that Antoine Vermette is the player most in demand throughout the league. The Blackhawks are seriously interested in Vermette, but also Curtis Glencross and Cam Atkinson.
Pierre Lebrun reports that Capitals are interested in Erik Cole, Curtis Glencross and Joffrey Lupul.
Darren Dreger says there’s no guarantee that any of Joffrey Lupul, Dion Phaneuf or Tyler Bozak are traded before the deadline, there is “a lot of interest and activity” surrounding the trio.
Pierre Lebrun says the Boston Bruins have been looking for a winger for over a month. They’ve been in on Chris Stewart for a while now. They are also interested in Erik Cole, Cam Atkinson and Curtis Glencross.
Darren Dreger says a Jeff Petry trade talks haven’t produced a satisfactory offer as of yet, and re-signing is unlikely at this point, so GM Craig MacTavish continues to wait.
Image from Michael Miller via WIkimedia Commons
Per both Bob McKenzie and Darren Dreger, the Rangers have some interest in Tyler Bozak of the Leafs.
Leafs GM Dave Nonis was scouting the Rangers and Flames game Tuesday night.
Dreger says he’s not convinced that Bozak is move, but he’s slowly moving in that direction with each passing day. He says it would take a quality offer for another team to get Bozak from them.
Bozak has 3 years remaining on his contract past 2014-15 at a cap-hit of $4.2 million. He hasn’t been too productive in his career away from Phil Kessel.
The Toronto Maple Leafs have traded forward Daniel Winnik to the Pittsburgh Penguins in exchange for forward Zach Sill, Pittsburgh’s second round pick in 2016 and their fourth round pick in 2015. As part of the deal, Toronto is retaining half of Winnik’s salary/cap hit.
The trade comes as no surprise as Winnik is set to be a UFA this summer and the Maple Leafs are currently in a rebuilding phase.
According to Steve Simmons of the Toronto Sun, no teams have made an offer on the Toronto Maple Leaf’s Dion Phaneuf. While this could change, teams are looking at pending UFAs at the trade deadline and not long term contracts.