Toronto Maple Leafs Re-Sign Peter Holland, Frank Corrado

Toronto Maple Leafs Re-Sign Peter Holland, Frank Corrado, Avoid Salary Arbitration

Announced Monday, the Toronto Maple Leafs have managed to avoid salary arbitration hearings by re-signing forward Peter Holland and defenseman Frank Corrado.

Holland, 25, received a one-year contract that carries a $1.3 million dollar cap hit. Corrado, 23, also signed a one-year deal which carries a $600,000 dollar cap hit.

Peter Holland was originally a 15th overall pick of the Anaheim Ducks back in 2009. Failing to pan out early, Holland was eventually shipped to Toronto in November 2013 for Jesse Blacker and draft picks. 

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An arbitration hearing was set to take place Monday, with hockey analyst Elliotte Friedman weighing in on how far apart the two sides were in discussions. Holland was requesting $2.1 million dollars, while the Maple Leafs countered with a $900,000 dollar offer.

After posting 11 goals (25 points) in 62 games for Toronto in 2014-15, Holland responded by scoring nine goals (27 points) in 65 games in 2015-16.

Frank Corrado found himself on waivers at the beginning of 2015-16 after an unexpected emergence from Ben Hutton put the Vancouver Canucks in a tough position. A hometown Toronto kid, the Maple Leafs quickly claimed the right-handed shooting Corrado. 

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Originally selected 150th overall (5th round) back in 2011, Frank Corrado appeared in 39 games for Toronto in 2015-16 posting six points.

The only player remaining without a contract for the Toronto Maple Leafs is defenseman Martin Marincin, who was acquired from Edmonton last season.

Next on the agenda for Toronto is finding a backup goalie to newly acquired starter Frederik Andersen. After sending Jonathan Bernier to Anaheim, the Leafs are left scouring a thin market for netminders. Recent rumors have them linked to Swedish goalie Jhonas Enroth, who served as backup in LA to Jonathan Quick in 2015-16.

Other possibilities include Karri Ramo, Anders Lindback, Kevin Poulin, Joni Ortio, among a few others.

Given Toronto’s cap situation coupled with the possibility of losing a goalie in expansion, it makes little sense for Toronto to acquire a Michael Hutchinson-type.

Instead, expect the Maple Leafs to find the cheapest dependable option.

For example, if it comes down to Ramo or Enroth, there’s not enough difference in overall talent to justify paying that much more for one opposed to the other.

Realistically, it matters not who Toronto signs to play a limited 20-30 games in a backup role. Fans are simply looking for reasons to be excited for the future.

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That means watching the likes of Auston Matthews, Mitch Marner, and William Nylander throw their names into the Calder Trophy conversation. It also means seeing young defenders Morgan Rielly and Jake Gardiner continue to show development on the blue line. Lastly, fans want to see Frederik Andersen take the reins and fill a longtime void between the pipes for Toronto.