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Maple Leafs GM Warns Teams Will Regret Some Of NHL's Massive Contracts
The NHL's salary cap is exploding, and Toronto Maple Leafs GM John Chayka thinks the league is about to find out which teams handled that windfall wisely and which ones didn't. Speaking to The Canadian Press , Chayka offered a candid read on the spending spree that's defined this offseason. "GMs are viewing this as an opportunity to create some stability and security," Chayka said. "The trade-off of that is the risk. You'll look back and some teams are going to be really happy, some of them will be OK, and then probably some contracts you regret." A Summer Unlike Any Other The salary cap is jumping to $104 million for 2026-27, up from $95.5 million last season and a world away from the flat $81.5 million to $83.25 million range that lingered for years after the pandemic. The spending followed almost immediately. Chicago's Connor Bedard signed for five years and $75 million, a $15 million average annual value. San Jose's Macklin Celebrini landed $94 million over the same term, an $18.8 million AAV. Colorado's Cale Makar topped them both, locking in eight years and $163.2 million at $20.4 million annually. BREAKING: Macklin Celebrini signs a five-year deal with the San Jose Sharks and dethrones Leo Carlsson for highest AAV in the NHL ($18.8M) pic.twitter.com/Txw8UFTmvv — PuckEmpire (@puckempire) July 29, 2026 Anaheim's Leo Carlsson experienced the shift firsthand. He was reportedly in the car with his father when his agent called with news of Philadelphia's offer sheet, a five-year, $90 million proposal that briefly set the league's AAV record at $18 million before Anaheim matched it. "I was surprised," Carlsson said at the NHL/NHLPA player media tour in Las Vegas. "A weird feeling, but it's where the league is heading." Why Chayka's Warning Carries Extra Weight Chayka inherited a Toronto team that's spent years wrestling with its own cap-management headaches under previous management, and he has his own significant contract decisions still ahead of him as Toronto tries to build sustainably around its core rather than getting caught overpaying in a suddenly inflated market. Montreal has positioned itself as an example of what disciplined planning looks like heading into this new spending environment, having locked up its young core on team-friendly, long-term deals before the market took off. BREAKING: Cale Makar has signed the largest contract in NHL history to remain with the Colorado Avalanche on an 8 year deal💸 pic.twitter.com/126FyHvsDd — PuckEmpire (@puckempire) August 28, 2026 Canadiens winger Cole Caufield, who signed an eight-year, $62.8 million extension back in 2023, framed his own timing as fortunate. "We get paid a lot," Caufield said. "Right now is probably the biggest five, six years of our careers. What's more important than winning? And doing it with the group would make it that much sweeter."
Vladdy's controversial comments & McKenna dazzling in the preseason | First Up -
The first hour of First Up with Aaron Korolnek and Carlo Colaiacovo as we are joined by TSN MLB analyst Steve Phillips to discuss the Jays getting eliminated from the playoffs and Vladdy's controversial comments. We also discuss the Leafs preseason win over the Senators and the positive vibes around the team
Matthew Knies trade talks are back and the Maple Leafs have made a decision
Toronto Maple Leafs power forward Matthew Knies continues to be named in trade rumors, and Darren Dreger has the latest on what the franchise plans to do.
Kenna discusses blooming confidence following Maple Leafs’ 6-1 preseason win over Senators
Kenna discusses blooming confidence following Maple Leafs’ 6-1 preseason win over Senators
by Arun Srinivasan6 Maple Leafs who stood out during preseason games
by Arun Srinivasan6 Maple Leafs who stood out during preseason games
The Case for Liam Rosenior
The Case for Liam Rosenior
Why the Maple Leafs should be much better this season: 5 reasons for optimismA look at some of the positives and best-case…
Why the Maple Leafs should be much better this season: 5 reasons for optimismA look at some of the positives and best-case…
Thursday's FTB: Not sure if the Leafs are good, but they ain't boring anymore
Now training camp gets boring, though.
Are the Maple Leafs a playoff team this season?
Are the Maple Leafs a playoff team this season?
Senators Overmatched In Toronto As Maple Leafs Roll To 6-1 Preseason Win
Senators Overmatched In Toronto As Maple Leafs Roll To 6-1 Preseason Win