With the acquisition of Jake Muzzin by the Leafs today, their salary cap picture for this season has changed.
Muzzin’s cap hit is $4 million this season and next, and without removing a player from the roster — the Leafs were rolling along with no extra forward, so Muzzin brings their roster to 23 right now — the total cap space right now is $10,914,493 per Cap Friendly.
There’s no guarantee the Leafs won’t make other moves, and their deadline space is enough to add over $18 million worth of players without touching the LTIR space available by moving Nathan Horton onto LTIR if necessary.