Alright smart guy, here we go. You tell me the Leafs won't be gutted.
Under contract for 2005-06:
Mats Sundin $9,000,000
Owen Nolan $7,404,009
Ed Belfour $6,000,000 (+ at least 1/3 of his $2MM signing bonus)
Bryan McCabe $4,550,000
Tomas Kaverle $3,000,000
Ken Klee $2,500,000
Darcy Tucker $2,100,000
Matt Stajan $1,060,000
TOTAL = $35,614,009
That's 8 players. Count 'em, eight. Already at $35.6 million, which is MORE than the NHL's last salary cap proposal already. You need to fill 23 roster spots, so 15 more to go.
RFA's: Mostly fill-ins, Berg, Antropov, Belak, Kilger, Pilar, Perrott made a combined $5.5 million in 04-05.
UFA's: Leetch, Mogilny, Roberts, Nieuwendyk, Domi were under contract for a combined $21 million for 2005-06.
You seem to be smarter than me, how do they fit the $35.6 million already committed plus about $5.5 million on RFA's and approx $21 million on their UFA's under a $35 million salary cap? Even a $40 million salary cap? Completely impossible. Even if you factor in a 24% rollback, which may not happen.
This means the Leafs are gonna lose a lot more than 2 or 3 players. The Leafs are about to be gutted.