Tim Gleason waived by Maple Leafs, expected to be bought out
Tim Gleason's days a Maple Leafs appear to be done, as brief as they were. He was waived on Monday with the expectation that he'll be bought out of his final two years.
The Maple Leafs don't have any more compliance buyouts after using both last summer on Mikhail Grabovski and Mike Komisarek so this would of the standard buyout variet. That means that with two years at an average of $4 million remaining on his contract, Gleason will count for varying numbers against the cap the next four seasons, anywhere between $833,333 and $1.83 million.
Assuming the buyout does go through, Gleason will join the class of defensemen in free agency when it opens on Tuesday.
On the one hand it's pretty easy to see the Maple Leafs' thinking here; Gleason is an expensive player who didn't give them tremendous production after a mid-season trade. Not to mention the Leafs just acquired Roman Polak to help fill that "tough to play" spot on defense that Gleason will vacate.
On the other hand, though, is that fact that they traded for Gleaseon at the Winter Classic, dealing one tough contract in John-Michael Liles to Carolina for another. It sure doesn't look like a good deal in retrospect.
Gleason, 31, played 56 games last season and finished with a goal and five assists. As a Maple Leaf he averaged 16:57 of ice time per game, making his $4 million cap hit an awful lot for a bottom-pairing player.
Our Latest Stories
On day he signs entry-level deal with Canucks, Boeser scores Vancouver's third goal in 4-2...
The Penguins' leader in highlight reels has been extra feisty on some cringe-worthy cheap shots...
2017 SAHP NHL Global Series will pit Ottawa and Colorado against each other in Stockholm
Finland has churned out some winners in a league filled to the brim with diverse players
From the Caps' goaltender to the star-studded headlining duo of Chicago's offense, these guys...
Scoring his 41st goal of the year in a 3-1 win over the Buffalo Sabres, the Pittsburgh Penguins...