It seems like just last week, we talked about how the Leafs are in fact up against the cap, which is not quite what Kyle Dubas said at his post-season presser. He did say that they could create more space by making moves, and so he did.

Leafs get a haul from Pittsburgh for Kasperi Kapanen

How much space? That really does depend on the results of contract negotiations with various RFAs, including the newest, Evan Rodrigues.

Trading Kapanen removed his $3.2 million cap hit from the equation, but Rodrigues, an NHL roster player who is not waivers exempt, and has two full seasons in the NHL, is 27, but is an RFA with arbitration rights.

His qualifying offer will be $2 million, the same as his salary this season, so the Leafs have a couple of choices: They can negotiate a deal in the many weeks between now and the deadline for qualifying offers (likely October 6), or they can qualify him and either seek arbitration themselves, let him accept his offer or seek arbitration himself. He doesn’t have the kinds of statistics that would have got Cody Ceci a good arbitration award last summer (ice time and points), but he’s not going to get less than $2 million. Avoiding arbitration seems to be in the Leafs interest.

If the Leafs feel his worth is less than $2 million, they will likely negotiate with him and make a deal for a longer term than he’ll get in arbitration, as he’s only entitled to a one-year deal in a arbitration award.

Filip Hallander was signed to an ELC at age 18 in 2018. His contract slid the first year, and will again this year, meaning it will not expire until 2023. The AAV is 927,500 this season with performance bonuses, but only $778,333 straight up. The further slide will lower that as another signing bonus gets paid.

UPDATE: I fudged that because I hate doing this calculation. And now I don’t have to:

The offseason and speculative 2020-2021 salary cap calculations have been updated with all of that, and this is the result:

Post Kapanen Trade Salary Cap

NameCap Hit (or Qualifying Offer)Days in NHL If 2-wayProrated Cap HitProjected Roster
One-Way Contracts
Auston Matthews11,634,00011,634,00011,634,000
John Tavares11,000,00011,000,00011,000,000
Mitch Marner10,893,00010,893,00010,893,000
William Nylander6,932,3666,932,3666,932,366
Alex Kerfoot3,500,0003,500,0003,500,000
Andreas Johnsson3,400,0003,400,0003,400,000
Zach Hyman2,250,0002,250,0002,250,000
Pierre Engvall1,250,0001,250,0001,250,000
Nic Petan775,000775,000
Kalle Kossila700,000700,000
Morgan Rielly5,000,0005,000,0005,000,000
Jake Muzzin5,625,0005,625,0005,625,000
Justin Holl2,000,0002,000,0002,000,000
Martin Marincin700,000700,000700,000
Calle Rosen750,000750,000
Frederik Andersen5,000,0005,000,0005,000,000
Jack Campbell1,650,0001,650,0001,650,000
Two-Way Contracts
Egor Korshkov925,000524,866
Nick Robertson850,00000
Semyon Der-Arguchintsev783,33300
Filip Hallander778,33300
Adam Brooks725,0002597,446
Alexander Brabanov925,00000925,000
Mikhail Abramov810,00000
Rasmus Sandin894,13796461,490894,137
Timothy Liljegren863,33337171,738863,333
Joe Duszak800,00000
Mac Hollowell799,76600
Teemu Kivihalme725,000519,758
Mikko Lehtonen925,00000925,000
Kristians Rubins785,00000
Filip Kral810,00000
Ian Scott805,83300
Joseph Woll800,00000
Qualifying Offers
Evan Rodrigues2,000,0001862,000,0002,000,000
Denis Malgin787,500186787,500787,500
Frederik Gauthier735,000186735,000735,000
Max Veronneau874,1251046,996
Jeremy Bracco787,50014,234
Ilya Mikheyev874,12587408,865874,125
Travis Dermott - one way874,125874,125874,125
Salary Cap81,500,00081,500,000
10% overage8,150,000
Cap Space9,758,616587,414

I’ve just selected Rodrigues as the player to replace Kapanen on a plausible roster.

The Leafs now have room for 23 on the roster by using only the Qualifying Offer amounts for some of the RFAs. The improvement is $1.2 million in total.

Their offseason space has now grown to $9.758 million, which is enough to sign Alex Pietrangelo (probably) on free agent day and then find seven million or so in cap space after to make it fit on a short roster.

This won’t be the only move of the offseason, so this picture will continue to change as Kyle Dubas tinkers with his lineup.