Aug 25, 2014, 5:14 PM EDT
It’s no secret that the Toronto Maple Leafs are the richest team in the NHL, but despite that they’ve only made the playoffs once in the last nine seasons. Of course, that covers the salary cap era and it’s not coincidental that the Maple Leafs’ struggles have coincided with that change.
The salary cap has substantially diminished the potential on-ice impact of Toronto’s financial strength and the team has been unable to find any meaningful success without that edge. That’s something they’ve been working to remedy, but this summer they’ve also exercised one of the few advantages that their financial situation affords them.
While Toronto didn’t make any blockbuster signings this summer, they have handed out one-way contracts to forwards Daniel Winnik, David Booth, Mike Santorelli, and Petri Kontiola. That brings them up to 16 forwards signed to one-way deals, but nine of those contracts are worth $1.5 million annually or less. That’s important because while the new CBA made burying big contracts in the minors impractical, teams still have some leeway with smaller one-way deals.
More specifically, the first $925,000 of a player’s annual cap hit in 2014-15 won’t count against the ceiling while the person is in the minors, per Cap Geek. That’s allowed Toronto to gamble on promising, but risky players like Booth despite the fact that its only adding to a training camp logjam. Toronto is in a position to bury some of its one-way contracts in the minors to alleviate the cap burden, and that’s exactly what will happen unless trades or waiver claims alter the Leafs’ situation.
Other franchises might balk at employing a strategy that will likely lead to an inflated AHL payroll, but without the ability to significantly outspend teams the traditional way, this is one of the few advantages that the Leafs still have.
- Kucherov isn’t going to ‘cry’ about Kronwall hit 9
- Nothing but Kuznetsov: Caps best Isles in Game 7 18
- Not done yet: Lightning earn Game 7 against Red Wings 5
- WATCH LIVE: Tonight’s Stanley Cup Playoff action 0
- Blues owner ‘disappointed and frustrated,’ but not ready to ‘throw people under the bus’ 27
- Despite ‘step in the right direction,’ do Canucks need to alter core? 16
- Report: Developers file intent to build arena in Seattle suburb 76
- Rangers lose Zuccarello indefinitely with suspected concussion 8
- Cooper: Lightning have to ‘suck it up’ and ‘fight through’ Wings’ interference 51
- Here’s your Stanley Cup playoff TV schedule for tonight 13
- It’s Done: Rangers eliminate Penguins in overtime (110)
- Another Blues campaign ends in disappoint as Wild advance (99)
- Bettman under fire after saying ‘Katy Perry’ chant wasn’t sexist (92)
- Friedman: Penguins need to ‘think about’ trading Malkin (89)
- Okposo blasts ‘idiot’ Wilson after physical outing versus Isles (82)