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Garret Sparks signs a new one-year deal with the Leafs

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On the day that qualifying offers expire and many teams and players are prodded into action, the first Leafs RFA of the off season has been signed.

Garret Sparks in the last game of 2015-2016
Garret Sparks in the last game of 2015-2016
Ed Mulholland-USA TODAY Sports

The Leafs don't release salary information, but CapFriendly has details.

The structure of this deal is completely different from Sparks' ELC. He was earning $600,000 in the NHL, $70,000 in the AHL (the maximum allowed on an ELC), and a signing bonus of $70,000. That adds up to $140,000 in AHL salary. But he also had a performance bonus of $100,000 in the old deal, so depending on the conditions on that bonus, he new guaranteed $150,000 may or may not be a raise. It seems likely it is a raise, albeit a small one.

The new NHL salary makes Sparks a friendly callup for a cap ceiling team, with a league minimum effect on the total cap hit. This is part of trend in contracts for borderline or AHL-only players that limits the cap hit and puts all the spending in the AHL side where it only effects the bank balance.