Maple Leafs Face Tough Contract Decisions With Expansion Looming

With NHL's potential expansion to cities like Houston or Austin, the Toronto Maple Leafs face crucial decisions on contract structures and player protection strategies.

The NHL’s latest expansion talk is no longer just background noise, and that matters for the Maple Leafs in a very specific way: the contracts they hand out now could shape what Toronto is forced to do later.

The league has opened a six-month evaluation process with the Friedkin family about a possible franchise in Houston or Austin, with Atlanta and Arizona still in the mix as well. Nothing is locked in, and there’s no expansion date sitting on the calendar. But if the rumor mill turns into reality, the Maple Leafs won’t be able to treat future contract decisions like business as usual.

For Toronto, the key issue is simple. Long-term deals, cap hits and contract protection could all influence who gets protected in an expansion draft, who gets exposed and who becomes a problem the team can’t easily move.

If the NHL follows the Seattle model again, clubs would likely choose between protecting seven forwards, three defensemen and one goalie, or eight skaters and one goalie. Players with active no-movement clauses would need to be protected, while first- and second-year professionals and unsigned draft picks would be exempt.

That makes no-movement clauses a major headache. A player with that kind of protection essentially takes up a protection spot whether the team likes it or not. That can squeeze a roster fast, especially if a contract is already risky.

Toronto would have to think about that carefully with players such as Nylander, Tanev, or Raddysh if they were carrying an NMC and didn’t waive it before the draft. A bad contract with trade protection could end up forcing the Leafs to leave someone more valuable exposed.

And that’s the real shift here: it’s not just term and cap hit anymore. If expansion is coming, management has to factor in how each contract might play in that draft format. Teams that hand out protection too freely could corner themselves.

There’s also the prospect side of the equation, and that part is harder to pin down. A player like Koblar could still be exempt in his second year under the Seattle rules, which adds another layer of uncertainty to who Toronto would actually need to protect.

The Leafs do have young high-end talent in the system already, including a first overall pick and one of the best power forwards in the NHL. If those players keep developing, Toronto could be pushed into exposing a veteran instead. That could force the front office into a decision earlier than it wants.

And then there’s Auston Matthews, who has only two years left on his deal. By the time any expansion draft arrives, it’s fair to wonder whether he would even be part of the conversation.

Toronto could also choose a different path and pay draft compensation to avoid the expansion draft altogether, then get creative with the rest of its moves. That kind of maneuvering is possible, but it probably wouldn’t come cheap.

The Leafs have already lived through the downside of this process. In 2021, they acquired Jared McCann shortly before the draft, but their protection setup left both McCann and Alexander Kerfoot available. Seattle took McCann, and he later scored 40 goals in a season for the Kraken.

That kind of lesson is exactly why this next wave of Leafs contracts suddenly matters so much.

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