🖋️ We’ve signed Max Pacioretty and Steven Lorentz to one-year contracts and Cade Webber to a two-year contract extension pic.twitter.com/odzWckDngm
— Toronto Maple Leafs (@MapleLeafs) October 7, 2024
One-year deals in Toronto:
— Elliotte Friedman (@FriedgeHNIC) October 7, 2024
Max Pacioretty comes in at $873,770
Steven Lorentz at $775K
Pacioretty also has games-played bonuses which could reach $600K. Those would count against next year’s cap
Toronto squeezing to maximize its space
This would appear to fit in with this scenario for a cap-compliant roster later today:
Potential #LeafsForever roster options for tmrw:
— PuckPedia (@PuckPedia) October 7, 2024
1)
*Put Jarnkrok, Hakanpaa, Mermis, Minten SOIR on LTIR.
*Sign Pacioretty & Lorentz for combined 1,725,333 ($950K & 775K)
*Submit roster
*Later add Dewar to LTIR & gain $1.18M additional space
Or:https://t.co/3WS5FSkmCM
This does not solve the long term problem of too many players and too much salary once everyone is healthy.
To clarify the bonuses on Pacioretty's deal which are reported to come at 10 games and 35 games and $313,115 each time: Bonuses count against the cap when they are earned, however there is a "bonus cushion" in play in-season, that allows a team to not apply them against that year's cap and then ultimately roll them into the next season. This is not ideal, and it's not a given, if there is space, the bonuses can be paid out this year.
Webber's details:
Cade Webber signs a two-year extension with the #leafs carrying an $825,000 AAV at the NHL level.
— Chris Johnston (@reporterchris) October 7, 2024
It's a two-way deal in 2025-26 that becomes a one-way deal in 2026-27.
