Cowen's (hip) grievance arbitration hearing with the Maple Leafs was held Wednesday, Bob McKenzie of TSN reports.
The dilemma with Cowen's contract dates back to February of this year when the Leafs placed the defenseman on waivers due to a persistent hip injury. After the 25-year-old failed to recover on a timely schedule, Toronto decided it was best to look into a buyout scenario. However, because of the complications with Cowen's hip, a standard buyout wasn't an option. What resulted was the two parties consulting an arbitrator to decide what to do about the contract situation and it appears a decision may be coming in the near future. As it stands, the Maple Leafs would go from getting a $650K credit to taking a $3.5M cap hit if Cowen were to win the case.
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