Acquiring Ellett had nothing to do with trying to avoid finishing last. Ellett was acquired with Paul Fenton on November 10, from the Jets for Ed Olczyk and Mark Osborne. Both the Jets and Leafs were off to poor starts, after having good 1989-90 season.
It was all about shaking their teams up, and nothing about the Lindros sweepstakes. otherwise Toronto would ahve never parted with Olczyk, who led the leads in scoring. in 1988-89, and at the time of the trade.
Following games on Nov. 10/90 -
Winnipeg - 17 GP, 7-9-1, 15 pts, 55 GF, 55 GA
Toronto - 19 GP, 2-16-1, 5 pts, 49 GF, 94 GA
Toronto was on pace for a 8-67-5 record - which would tie the 74-75 Capitals for the worst record in NHL history.
The Leafs acquiring any type of good, veteran NHL players at this time had everything to do to avoid the embarrassment of finishing in last and losing Lindros to the Devils for Tom Kurvers. The Leafs had the worst goals against in the league, 20 higher than the next worst team. If they own the Lindros pick, do you really think they make any type of deal for a very good player in Dave Ellett? Do you think they would trade prospects/picks for a package for veteran NHL players a week later with the team they would be tanking against?
Also, the Jets were at 15 points, nine ahead of the last place Oilers. Of course, the thinking in November 1990 would be for the Oilers to turn it around. Winnipeg was trying to catch and stay ahead of Vancouver (9-8-0 on Nov. 10). After losing Hawerchuk and acquiring Housley, moving out Ellett for Olczyk made sense from the Jets point of view.
The Leafs never turned anything around. They finished 23-46-11, worst in their Conference.
The Leafs did turn it around enough to avoid losing the Lindros pick for Tom Kurvers. They actually outplayed the Jets following the Ellett trade:
Toronto - 61 GP, 21-30-10, 52 pts, 192 GF, 224 GA
Winnipeg - 63 GP, 19-34-10, 48 pts, 205 GF, 233 GA
Also, before the Nordiques trade on November 17, 1990: (note - Toronto was 2-1-0 at the time following the Jets trade, including defeating WPG 5-2 in the first game following the deal)
Quebec - 22 GP, 3-16-3, 9 pts, 53 GF, 95 GA
Toronto - 22 GP, 4-17-1, 9 pts, 63 GF, 107 GA
Following the trade:
Toronto - 58 GP, 19-29-10, 48 pts, 177 GF, 205 GA
Quebec - 58 GP, 13-34-11, 37 pts, 183 GF, 259 GA