The Leafs opened training camp on Wednesday with roughly $2 million in available cap space and only one player left to sign: defenseman Cody Franson.

Negotiations between the two sides have made minimal progress, though it seems worth noting that Franson's demands appear to have changed. Per Sportsnet's John Shannon:

Franson not at camp. Leafs have offered a 2 year deal. After initially wanting 4 years, Franson wants just a 1 year deal. — John Shannon (@JSportsnet) September 11, 2013

Franson is two years removed from unrestricted free-agency, and declined to exercise his right to an arbitration hearing this summer.

The Leafs have made Franson an offer according to General Manager Dave Nonis. But they don't appear to be interested in any further haggling over the price point at the moment: