After reading this thread (and others on same topic), it seems like some are adding players (e.g. defenders). It seems like some adjustments, reductions and cutting of players is more likely.
Toronto Maple Leafs - CapFriendly - NHL Salary Caps
If you examine CapFriendly for the 2019-2020 season, there are some things that are striking.
2019-2020 CapFriendly summary highlights:
- We have committed $75 m to 18 players already.
- Salaries for UFAs & RFA are not included in the $75m figure.
- UFA (not included in #2 above) - Gardiner & Hainsey
- RFA (not included in #2 above) - Marner, Kapanen, Ozhiganov, Johnsson
- $8 m of cap space left over using the anticipated $83 m cap limit for 2019-2020
- 3 to 5 players to sign with that $8m of cap space
Even if we assume that Marner would sign for $8 m AAV, that would mean we have
zero (0) dollars left over to sign two (2) additional players to reach the minimum 21 player roster level.
So, looks like some pretty significant level of cutting is going to be necessary. I think we can assume that at least all of the UFAs won't be signed, one RFA will have to be cut, and another roster player or two will need to be cut (which ones depend on the magnitude of their salaries).