The veteran Leafs defenceman is finished for the season as he recovers from a cervical spine injury.
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Cap space
The Leafs currently have 13 forwards using up $55,521,246 of cap space, eight defencemen at $19.7 million and two goalies at $2,566,667. a total of $77,787,913, according to capfriendly.com. That leaves them $4,712,087 under the cap (although capfriendly is projecting the team to have $4,420,833 of cap space, because nothing is ever as simple as it seems.)
Muzzin, Matt Murray ($4,687,500), Nick Robertson ($796,667) and Victor Mete ($750,000) are on long-term injured reserve. But not every dollar counts toward cap relief. It can depend on how much cap space the team had before a player went on LTIR. If a team had $1 million in cap space and put a $5-million player on LTIR, the team would only get $4 million in cap relief. According to capfrienly, the Leafs are projected to have used $6,351,650 in LTIR space.
Roster status
The Leafs are not likely to add a player via trade until March 3. Up until the trade deadline, the roster maximum is 23 players. The Leafs are already there. If they add another player before the deadline, it will mean removing one from the roster, barring injury. And all of their skaters require waivers to be moved to the Marlies (goaltender Joe Woll is exempt).
So adding a depth defenceman before the deadline might mean risking the loss of a player like forward Joey Anderson or defenceman Jordie Benn on waivers. Teams can carry more than 23 players after the deadline.
Trade deadline
With Muzzin and Robertson out for the season, Dubas can count on $6,421,667 of LTIR cap space. Murray and Mete are wild cards, but a healthy Murray will eat up a lot of it. The Leafs anticipate Murray will be part of their playoff drive.
Once Murray is reactivated, it would mean sending Woll back to the Marlies. bumping the Leafs’ cap total to $81,708,746 and leaving them with $791,254 of space to use. If Mete is activated, that would use another $750,000, giving Dubas no wiggle room.
It would seem Luke Schenn would be too expensive the Leafs, if they don’t put a player on waivers). He has an $850,000 cap hit.
What to do?
Standing pat would be the safest, most conservative action for Dubas but he hardly seems the type. One question is when will Murray be reactivated? The Leafs could acquire more players of significance at the deadline if Murray stays on injured reserve, then goes to the Marlies on a rehab assignment to prepare for the playoffs. It’s the Nikita Kucherov approach — the Tampa Bay forward missed the 2020-21 season, giving the Lightning $9.5 million in cap relief, only to return for the first game of the playoffs.
The Leafs could also use long-term injured reserve if a player with a significant contract gets hurt before March 22. That tool can’t be used if fewer than 10 games and 24 days remain in the season. Or they take a player-in/player out approach to trading if it means an upgrade on the likes of Anderson and Benn. That could mean active use of the waiver wire on March 2, to open up space for the next day.
There’s also the miracle known as assistant GM Brandon Pridham. If there’s a salary cap loophole to be used or a dollar amount left unaccounted for, Pridham likely will find it.