Ceci has signed a one-year extension worth $4.5 million while Kerfoot has signed a four-year extension that carries an AAV of $3.5 million. #LeafsForever https://t.co/kFTyIs52TL — Leafs PR (@LeafsPR) July 4, 2019

Both players’ expire as UFAs, and Kerfoot’s deal buys one UFA year.

The offseason and regular season projected salary cap now looks like this:

Maple Leafs Salary Cap: July 4 Name Cap Hit (or Qualifying Offer) Days in NHL If 2-way Prorated Cap Hit Projected Roster Name Cap Hit (or Qualifying Offer) Days in NHL If 2-way Prorated Cap Hit Projected Roster One-Way Contracts Auston Matthews 11,634,000 11,634,000 11,634,000 John Tavares 11,000,000 11,000,000 11,000,000 William Nylander 6,962,366 6,962,366 6,962,366 Alex Kerfoot 3,500,000 3,500,000 3,500,000 Andreas Johnsson 3,400,000 3,400,000 3,400,000 Kasperi Kapanen 3,200,000 3,200,000 3,200,000 Zach Hyman 2,250,000 2,250,000 2,250,000 Trevor Moore 775,000 775,000 775,000 Nic Petan 775,000 775,000 775,000 Kevin Gravel 700,000 700,000 Jason Spezza 700,000 700,000 700,000 Kenny Agostino 700,000 700,000 Nick Shore 750,000 750,000 750,000 Morgan Rielly 5,000,000 5,000,000 5,000,000 Cody Ceci 4,500,000 4,500,000 4,500,000 Jake Muzzin 4,000,000 4,000,000 4,000,000 Tyson Barrie 2,750,000 2,750,000 2,750,000 Justin Holl 675,000 675,000 675,000 Ben Harpur 725,000 725,000 Martin Marincin 700,000 700,000 700,000 Frederik Andersen 5,000,000 5,000,000 5,000,000 Garrett Sparks 750,000 750,000 750,000 Michael Hutchinson 700,000 700,000 Nathan Horton 5,300,000 5,300,000 5,300,000 Two-Way Contracts Frederik Gauthier 675,000 180 675,000 Travis Dermott 863,333 180 863,333 863,333 Ilya Mikheyev 925,000 0 0 925,000 Egor Korshkov 925,000 0 0 Pierre Engvall 925,000 0 0 Jeremy Bracco 842,500 0 0 Semyon Der Arguchintsev 783,333 0 0 Mason Marchment 767,500 0 0 Adam Brooks 759,167 0 0 Dmytro Timashov 694,444 0 0 Rasmus Sandin 894,167 0 0 Timothy Liljegren 863,333 0 0 Joe Duszak 800,000 0 0 Mac Hollowell 799,766 0 0 Teemu Kivihalme 792,500 0 0 Jesper Lindgren 775,833 0 0 Aaron Luchuk 759,166 0 0 Andreas Borgman 700,000 0 0 Ian Scott 805,833 0 0 Joseph Woll 800,000 0 0 Kasimir Kaskisuo 675,000 6 22,500 Qualifying Offers Mitch Marner 874,125 874,125 Retained 1,200,000 1,200,000 Total: 80,081,324 76,609,699 Salary Cap 81,500,000 81,500,000 10% overage 8,150,000 Total: 89,650,000 Cap Space 9,568,676 4,890,301

Notes: This calculation contains all reported, but unofficial amounts for new one-way contracts. It uses a projected roster of 21, which would grow to 22 with a Mitch Marner signing.

The cap space now is $9.5 million without using LTIR. In the regular season LTIR would give room for one more player at approximately $10 million. You could increase that by running a short roster of 21 players. You could get to 23 players with a contract for Marner under $9.5 million, and the Leafs have a long list of minimum salary options, so the specific players on the above roster is not relevant.

UPDATE: Cap Friendly makes a good point in one of their tweets, that on opening day, Nathan Horton takes up a roster spot on the 23-man roster. So the Leafs have to start out with 22 players at most until they make that move, and then they could recall one player. They will be waiving some non-exempt players or making some paper transactions of someone who is exempt to make that happen. Travis Dermott is also potentially starting the season on IR, although it’s very unlikely Zach Hyman is.

By operating in LTIR space all season, as has always been likely, the Leafs will not accrue space for any deadline deals that don’t involve trading away a player.

At this time, we have no information of the specifics of either contract. We’ll update you when we do.

UPDATE:

Cody Ceci's 1 year contract with the #Leafs does not include a Signing Bonus.

It's a base salary of $4,500,000.https://t.co/oCRLWfGEAN https://t.co/gIt20fLTBu — CapFriendly (@CapFriendly) July 4, 2019

No confirmation yet on the details of Kerfoot’s deal beyond the AAV.

UPDATE: