At this very moment, the Toronto Maple Leafs have approximately 20 million USD in cap space.
That is certainly enough salary to either give William Nylander a new contract and potentially add another defenseman and/or forward.
With a decent chunk of cap space, Kyle Dubas and the Toronto Maple Leafs have been rumoured to be active in landing another asset or two.
The names that have been thrown out on Twitter and blogs across the internet include Chris Tanev, Brandon Montour, Artemi Panarin, Jacob Trouba, Brandon Davidson, Tobias Enstrom, Jared Spurgeon, Nino Niederreitter, Justin Faulk, Jeff Skinner and Slava Voynov.