It has been announced today that the Leafs have traded Eric Fehr to the San Jose Sharks.

Okay, that is not the most exciting return, but the real point of this deal is to kick along the cap space on a contract the Leafs took on last year at this time. They got Fehr as depth player insurance, and as part of the deal that sent Frank Corrado to the Penguins because Pittsburgh wanted rid of his inflated contract.

He broke his hand in his first ever game for the Leafs, and never played until this year where he lost the 4C job to Dominic Moore.

Because Fehr’s cap hit was so high, some of it counted, even though he’s been in the AHL most of the year. If you’ve forgotten about him, it’s understandable. He’s been playing in the Anaheim Ducks organization for the San Diego Gulls on a loan deal.

They’ll miss him, I’m sure, as he very quickly became their top goal scorer with 17 goals in 34 games played.

By playing so well in California — the Sharks AHL team is in the same division — he got himself another chance at some NHL playing time on a playoff team.

The Leafs lose a contract, they now have 48 SPCs, and the oversized cap hit. Really, everyone wins here. You’d almost say it’s a Fehr deal.