I really hope they can resign him
Always been a big ROR fan and happy he was brought in, there was a lot of salary cap gymnastics required to make that happen and picks and prospects sent out the door to buy Salary retention to make his former contract fit.
Reminder:
75% of ROR remaining balance at the TDL with 3/4 already expired season games passed. The hit the Leafs were able to take was very minimal of just $1.875M of $7.5 mil.
According to
CapFriendly.com, O'Reilly's $7.5-million cap hit for the remainder of the season will be divided as follows. He will be an unrestricted free agent this summer.
- St. Louis retains 50% ($3.75M)
- Minnesota retains 50% of the $3.75M ($1.875M)
- O'Reilly joins Maple Leafs with a cap hit of $1.875M
This is due to the cost of having 4 forwards consume over 1/2 the salary cap by themselves so there is very little room for everyone else and Leafs very much live in a a have and have-not society, where they can't afford many middle level contracts under the Cap.
So as much as I would love to have him back, something drastic would have to happen the current players under contract now to change the landscape to realistically be able to re-sign him, unless he is going to offer the Leafs a sweatheart hometown discount down from the $7.5 mil he was making. IMO
PS. That doesn't even factor in future spending increases for Matthews, Marner and Nylander coming up.