During the Headlines segment during the intermission of Saturday night’s Maple Leafs and Senators game, Chris Johnston reported that Jake Muzzin and the Leafs had agreed on a four-year contract extension, though pen wouldn’t hit paper until after the trade deadline.
Apparently, not all of the deals are hammered out just yet, but there’s a deal in principle that’ll keep Muzzin in Toronto for another four seasons beyond this one. We don’t yet know what the cap hit would be on this deal, but it’s been speculated to come in at around $5.5 million annually, with a front-loaded salary to make the deal movable at the end, if necessary.
The reason the Leafs and Muzzin have to wait until after the deadline is due to an oddity in the salary cap known as Tagged Payroll Room.
Under Article 50.5 of the 2013 NHL Collective Bargaining Agreement, any team that is trying to re-sign a player to a multi-year contract after December 1 needs to have “Payroll Room.” Basically, Payroll Room is the difference between the cap ceiling and the total amount of all Average Annual Values (“AAV& …
Author: Cam Lewis / The Leafs Nation