Leafs Re-sign Nylander
As per TSN’s Bob McKenzie, the Toronto Maple Leafs have re-signed William Nylander to a six-year contract worth an annual average value of $6.9 million.
SPECTOR’S NOTE: More details to follow shortly, but the long wait is finally over for the Leafs and Nylander. It went down to the wire, just like most of us expected it would. And at the end of the day, it’s similar to the six-year, $40-million contract ($6.66 million cap hit) of Boston Bruins winger David Pastrnak.
Nylander’s new deal is considerably cheaper than his rumored original ask of $8.5 million per season and up slightly from the $6.5 million per the Leafs were said to have initially tabled. As Nylander is 22 and completed his entry-level contract, his new deal will likely lack no-trade protection until the back end of the deal, probably in the final two years.
This contract impasse has probably earned Nylander some ill will from Leafs fan. But if he quickly regains his form and improves the Leafs’ odds of ending their long Stanley Cup drought this season, all will be quickly forgiven. Coming off back-to-back 61-point seasons, he’ll once again become a key component of their offensive attack.
Leafs management will shift their focus toward signing next summer’s other noteworthy free agents. Those include restricted free agents Auston Matthews, Mitch Marner, and Kasperi Kapanen, as well as re-signing or replacing pending unrestricted free agent defenseman Jake Gardiner and Ron Hainsey.
As per Cap Friendly, the Leafs now have over $56 million invested in just 12 players for 2019-20. New contracts for Matthews and Marner could be a combined $22 million, pushing the Leafs to over $78 million committed to 14 players.
Assuming the salary cap climbs next season to $84 million, the Leafs won’t have much cap space to keep everyone. And that, folks, could resurrect the Nylander trade rumors heading into next summer and the 2019 NHL Draft.
First year salary is pro rated $10M salary (6.77 M) plus a full $2M signing bonus. Net number of $8.77M. AAV of $10.2M.
In out years, the AAV is $6.996M.
In year two, base salary is $700K, SB of $8.3M.
In remaining years, $2.5M in base salary plus $3.5M SB.
— Bob McKenzie (@TSNBobMcKenzie) December 1, 2018