Mitch isn't returning much. Even at 2.5M retained.
The only way the Leafs get a significant return IMO is if they trade him after July 1st and he agrees to an extension in advance of the trade. Even for this to work you need
a) a team that wants to acquire him
B) Mitch has to be willing to go there and sign extension
c) they have to agree on dollars and term
The question is what is he worth. what is someone willing to pay for him on an extension.
For me is Market value on an extension is less than what he currently earns, will he be willing to extend for less than $11M, he may just say F&^% it lets see what I can get as a UFA.
He has been significantly overpaid on his last contract, especially given his play off numbers. Back when he signed that deal the three big RFAs were him, Point, and Rantanen. He signed for 10.9 6 yrs, Rantenen 9.25 6 years, and Point a 3 yr bridge at 6.75 then extended 2 yrs ago at 9.5M
In playoffs since those contracts were signed
Mitch 37GP 6G 27A 33 points .89 PPG
Point 66GP 34G 26A 70 points 1.06 PPG 2 cups and 3 finals
Rantanen 57 GP 26G 52A 78 points 1.37 PPg and 1 cup.
while each is arguably the no 2 guy on their teams one is not like the others.
What are Point and Rantanen worth now if they were extending? maybe 11M. Marner is not worth that kind of money, he scores way less, does not elevate in playoffs.
In a straight trade what you take back will have flaws too.
Marner for Seth Jones- who says no?