Per reports this morning, the Leafs have placed centre Peter Holland on waivers.
The Leafs have placed Peter Holland on waivers. His arbitration hearing is on Monday.
— James Mirtle (@mirtle) July 22, 2016
While this may seem like an odd move, there is some precedent here. The Minnesota Wild did the same thing earlier this week with Jordan Schroeder days prior to his arbitration. The move is believed to be to get an advantage at arbitration. If no one claims Holland (as the Leafs seem to expect), it is likely they will intend to use it as leverage for him to take a lesser deal.