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The Fallout From the Maple Leafs Trading Mitch Marner
Mitch Marner, Toronto Maple Leafs (Jess Starr/The Hockey Writers)

Trading Mitch Marner was never going to make the Toronto Maple Leafs better overnight. In fact, it’s fair to say it made them worse, at least on paper. That’s not necessarily a criticism; it’s just the fallout of losing a top-tier talent but gaining salary cap flexibility. Creating space under the salary cap always comes at a cost, and in this case, that cost was one of the most dynamic playmakers in the NHL.

What the Maple Leafs gain is financial breathing room. What they lose is a player who, for all the criticism, was still producing above a point-per-game pace and playing big minutes in all situations. For a team that’s still built around a win-now core, that’s a serious loss — one that can’t simply be glossed over by mentioning “culture change” or “new direction.”

So yes, Toronto is a more flexible team. But they’re also a less talented one.

Are the Golden Knights Falling into the Same Core-Four Trap?

Meanwhile, in Vegas, the Golden Knights may be stepping into the very trap some Maple Leafs fans warned about. If the critics were right — that Toronto’s core was too top-heavy to succeed — then adding Marner could end up being the kiss of death for a Vegas team that had long thrived on depth and balance.

To fit Marner under the cap, the Golden Knights had to strip away key pieces from their bottom six and blue line — the very foundation of their playoff success. Ironically, Toronto may have sacrificed a star to regain balance, while Vegas sacrificed balance to gain a star. We’ll see how that works out for the team in the Nevada desert, and conversely, for the team in the Ontario capital.

What Does Moving Marner Mean for the Atlantic?

Let’s be clear — the Maple Leafs are probably still a playoff team. But unless something significant happens between now and the trade deadline, it’s hard to imagine them topping the Atlantic Division standings.

Instead, 2025–26 may be a transitional year — a season of learning, reshaping, and adapting under second-year head coach Craig Berube. It’s not a rebuild, but it is a reset. The team’s identity is shifting. There will be experiments with line combinations, and young players like Easton Cowan and Matthew Knies will be asked to take on more responsibility. Berube will also begin to put his stamp on the roster more deeply.


Matthew Knies of the Toronto Maple Leafs celebrates scoring a goal during the third period of Game One of the First Round of the 2025 Stanley Cup Playoffs against the Ottawa Senators (Photo by Mark Blinch/NHLI via Getty Images)

Maple Leafs fans should view the season less as a step back and more as a transitional season with a longer-term perspective in mind. The point is that fans should not lose sleep if the team falters during the regular season. This might not be their season.

The Real Maple Leafs Win Could Become Cap Flexibility and Optionality

This is where things get interesting. For the first time in years, the Maple Leafs are not squeezed up against the salary cap. That opens the door to moves they couldn’t make in the past.

Whether it’s a rental at the trade deadline, a surprise free agent signing, or a chance to pounce on a team trying to offload a big contract, Toronto now can act. They’re not backed into a corner anymore — and that could change everything.

It also allows more room for internal growth. Knies could hit 30 goals. Cowan might surprise with a full season in the NHL. Matias Maccelli, if he returns to form, could be a valuable piece. These are not guarantees, but they’re possibilities worth watching.

Maple Leafs Fans, Don’t Panic, but Do Adjust Expectations

The Maple Leafs aren’t as talented today as they were before the Marner trade. That’s just the truth. But this isn’t a team in free fall. It’s a team trying to reshape itself while staying in the playoff mix.

This season might not be about banners or record-breaking stats. It might be about building something more sustainable — about finally getting the foundation right. Sometimes, to move forward, you have to take a step back. The Maple Leafs might be doing exactly that — and it might be just what they need.

[Note: I want to thank long-time Maple Leafs fan Stan Smith for collaborating with me on this post. Stan’s Facebook profile can be found here.]

This article first appeared on The Hockey Writers and was syndicated with permission.

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