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# Maple Leafs extend Denis Malgin
- URL: https://www.pensionplanpuppets.com/maple-leafs-extend-denis-malgin-fra-signing-cap-space/
- Published: 2020-10-02T19:15:35.000Z
- Updated: 2020-10-02T19:15:35.000Z
- Description: The first offseason signing is Malgin?
- Author: Cathy Squires
- Tags: Free Agents and Contracts, #chorus, #Import 2023-04-05 11:27

Today the [Toronto Maple Leafs have started their 2020 offseason by extending RFA Denis Malgin](https://www.nhl.com/mapleleafs/news/denis-malgin-maple-leafs-contract-extension/c-319279560?ref=pensionplanpuppets.com) to a one-year minimum-salary extension of $700,000.

Malgin was acquired at the deadline from the Florida Panthers in exchange for Mason Marchment. He is 23, and this signing buys out a year where he has arbitration rights at less than his Qualifying Offer would be by $87,500\. QOs are due next Wednesday at 5 p.m.

Malgin only played eight games for the Leafs, and did not appear in the five-game qualifying round, so his history as a depth forward in Florida is about all we have to go on to rate him. The Leafs couldn’t have made a better deal here, and Malgin now has a chance to prove is worth an NHL roster spot, something he is yet to do.

By signing him for less than his QO would be, the Leafs just created $87,500 in offseason cap space for Friday, when that calculation governs their ability to sign bigger fish.

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Update: [A Swiss media site](https://www.lematin.ch/story/denis-malgin-vers-lausanne-avant-toronto-605571613681?ref=pensionplanpuppets.com) is saying he will be loaned to Lausanne until the NHL season begins.

Confirmation:

> The [@MapleLeafs](https://twitter.com/MapleLeafs?ref%5Fsrc=twsrc%5Etfw&ref=pensionplanpuppets.com) have loaned forward Denis Malgin to Lausanne HC (Switzerland) [#LeafsForever](https://twitter.com/hashtag/LeafsForever?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=pensionplanpuppets.com)
> 
> — Leafs PR (@LeafsPR) [October 6, 2020](https://twitter.com/LeafsPR/status/1313530395032539136?ref%5Fsrc=twsrc%5Etfw&ref=pensionplanpuppets.com)