Overview

• Toronto secured John Tavares on a four-year, $18 million extension carrying a $4.38 million cap hit and a two-year no-move clause.
• General manager Brad Treliving said that, absent a significant change, he expects Mitch Marner to test unrestricted free agency when the market opens on July 1.
• NHL rules will limit any open-market offer for Marner to a maximum seven-year term, stripping Toronto of the right to propose an eight-year deal after July 1.
• Discussions with the Vegas Golden Knights are underway as an exploratory sign-and-trade path to ensure the Leafs receive value if Marner departs.
• The moves underscore Toronto’s push to balance cap flexibility and roster turnover as it seeks to break past repeated second-round playoff exits.