Holland, Marincin, Corrado all file for arbitration

The Toronto Maple Leafs are now on the clock with a few of their restricted free agents. Peter Holland, Martin Marincin, and Frank Corrado have all filed for player-elected salary arbitration, in an effort to give closure to their contract status as soon as possible.

Here’s the full league-wide list, as per the NHLPA:

  • Arizona Coyotes: Michael Stone
  • Colorado Avalanche: Tyson Barrie, Mikhail Grigorenko
  • Detroit Red Wings: Jared Coreau, Danny DeKeyser
  • Minnesota Wild: Jordan Schroeder
  • Nashville Predators: Calle Jarnkrok, Petter Granberg
  • New York Rangers: Kevin Hayes, Chris Kreider, Dylan McIlrath, JT Miller
  • New Jersey Devils: Kyle Palmieri
  • Ottawa Senators: Mike Hoffman
  • Philadelphia Flyers: Brandon Manning, Brayden Schenn, Jordan Weal
  • St. Louis Blues: Jaden Schwartz
  • Tampa Bay Lightning: Alex Killorn, Vladislav Namestnikov
  • Toronto Maple Leafs: Frank Corrado, Peter Holland, Martin Marincin
  • Washington Capitals: Marcus Johansson

While most of the names here are lower profile, there are a few notable ones as well. Barrie, Schwartz, Johansson, Kreider, Killorn, DeKeyser and Miller are just a few names that could get a decently sized verdict handed to them; which could put their teams in some cap trouble. Players who are awarded over $3.5 million can be walked away from by their team if they feel the salary to be too high, making them unrestricted free agents.

With that said, I can’t imagine that happening with any of the Leafs. Holland had a horrible shooting percentage year and scored just 27 points, and yet he’s probably the most likely of the three to get paid. Marincin is the type of quiet defenceman that gets a blind eye showed to them in situations like these, and Corrado didn’t exactly play a ton. 

Holland made $775,000 per year on a two-year deal, which was his second NHL contract. Marincin and Corrado were also on their second deals, each lasting one year and paying $700,000 and $632,500 respectively.

In the case pleading performance, sides can use games played, injury history, statistics (including analytics, as long as they’re of the NHL.com variety), contribution to a team’s success or failure, leadership qualities, public appeal, and performance and salary of players formally introduced as “comparable” to the player at the hearing. Each side will come in with a preferred salary and the arbitrator will pick somewhere in between.

Because the Leafs had players file for salary arbitration, the team is allowed to take advantage of a second buyout window should they choose to. Whether or not they use it is anybody’s guess, given that Jared Cowen’s appeal doesn’t require a window should his buyout stand.

Arbitration hearings will be had here in Toronto starting in about two weeks (July 20th), with the last one coming on August 4th. Players and teams can still negotiate terms before the deadline officially hits. Josh Leivo, Garret Sparks, and Connor Carrick will not be participating in the arbitration action and will continue to negotiate their contracts without a third party watching over.

  • wallcrawler

    Of the three Leafs, only Marincin deserves a raise.
    Holland isn’t going to get any better and might not even make the team this year. Corrado though the Leaf’s wanted him and claimed him off waivers, still only has half a season worth of games and that just doesn’t justify much of a raise either.

        • Gary Empey

          What’s up wilh all the foolish Doom and Gloom.

          With all the guys that are coming off the books after this season and all the guys under ELC’s, next year the Leafs will be forced to take on a bad contract just to make the cap floor of aprox. $54 Million for fukc sake.

          We will be coming in around $49 Million.

          • CMpuck

            So you like bad contracts, thanks for making my point.

            Where the team is at the start of the contract and at the end of it makes a difference. I’m not going to be a cheerleader for stupid contracts or wasted draft picks.

          • Gary Empey

            I am 100% in agreement with Lamoriello that this is a fair contract. Like Lou I think he will be an asset to the Leafs for the next 4 years, until he is 31 years old.

            The people who are complaining about giving Martin this contract never come up with an alternative player with the same qualities at a cheaper price.

            After this length of time I can only assume those opposed don’t have a good answer.

            There are players who can skate as well. Other players who can forecheck/hit as well. Players who have his size. No one has yet come up with an alternative, for a cheaper price.

            Sure you can easily find NHL vets for under a million dollars, and throw them on the fourth line.

            The problem though you would be constantly giving up an easy goal whenever they were on the ice.

            You could go back to rolling three lines, having two extra guys on the bench. Then double shift someone from the the first line, like we used to see with Kessel when he first arrived.

            As far as signing any free agents this year I would of been content if we didn’t sign any. We have some players on the Marlies that are very close to the two guys we got. The management team felt different. I have to respect that for now.

          • Gary Empey

            Thanks for clarifying your point.

            You would prefer to continue with players like:

            Peter Holland – $775,000

            Brad Boyce – $700,000

            Froese, Byron – $575,000

            Maintaining our position as the worst team in the league with a reputation of knowing how to manage the Cap.

      • Jeremy Ian

        it’s still early in july. many trades can be made. remember the grabner deal? it happened late in the summer right before training camp. lots of these guys will be packaged in deals. there aren’t enough spots right now and too many bodies. i believe big trades are coming closer to training camp.

  • Gary Empey

    I don’t know if we want or require anyone on that list.

    We certainly do have lots of cap room. We are allowed to go over, before Cap Day without penalty.

    Everyone knows after Cap Day, Horton goes right on long term disability. Putting our cap room at $8.6 Million. Lots of room to play let’s make a deal.

    Tyson Barrie is sure to be awarded over the $3.5 million if it goes to arbitration. Colorado has $16.4 cap space. Do you think they would let him walk or sign and possibly trade him?

    If Barrie becomes available it would likely be through trade. Toronto needs one more top four D. Rumor has it both teams have talked, but nothing concrete came out of them. Colorado must have asked more that Toronto was willing to give.(Top forward/blue-chip prospect plus Gardiner)

    One interesting point is if Barrie actually goes all the way to arbitration he will be awarded only one or two years of term, making him a free agent shortly for whomever takes him in a trade.

    So is Barrie worth Gardiner plus one of Nylander/Marner/JVR?

    Or are we better served, keeping Gardiner and waiting till Dermitt is ready plus hanging on to our top forward/blue-chip prospect?

    • JB#1

      Hello Gary,

      Rephrasing your rhetorical question

      “So is Barrie worth Gardiner plus one of Nylander/Marner/JVR?”

      a slightly different way yields this question

      Is Barrie a big enough upgrade over Gardiner to require extra payment of one of Nylander/Marner/JVR?

      Answer to either question – NO!

      • Gary Empey

        I don’t think I mentioned salary but I agree 5 is on the low side for a player of this caliber. He is likely looking for $6 to $7 million for 6 to 7 years. Maybe even more money.

        I don’t think he can be traded after the arbitration process starts. That leaves Colorado with, coming to terms or accepting the arbitrators ruling or walking away from a 24 year old top pairing D after the ruling.

        Even with their internal cap, one would think they would accept the arbitrators ruling and move him for something. If they come to terms they could already have a trade in place. Either way Colorado has few few different ways they could get screwed. Barrie may as well head for the cottage and get in some decent fishing.

        Edmonton still shows 5.9 left on their cap.(not enough) I know they would love to have him, but like us they don’t seem to have a good inexpensive defenceman to spare to send the other way.

        @ – JB#1 – It looks like Lou and company felt the same as you. Likely the reason Toronto felt comfortable starting this season with 8.6 cap space. Hard to say if they counted on the Cowen buyout. Colorado’s asking price and number of trading partners may be diminishing.

        • Kanuunankuula

          You said “Tyson Barrie is sure to be awarded over the $3.5 million if it goes to arbitration”.

          But I do agree, it’s most likely going to be a number too big for Col if they don’t come to terms before that. I know you can’t trade them while arbitration is active, but can negotiate one? Can we say “Sign him to this and we’ll take him”? We send back JVR/Bozak and some B prospects?

          • Gary Empey

            I said: ” “Tyson Barrie is sure to be awarded over the “$3.5″ million if it goes to arbitration”

            You said “Really lowballing it with Barrie. I think “5” is on the low side.”

            It looked to me that your statement was inferring I said $5 million million somewhere.

            Probably just a typo or misunderstanding.

            For the record:
            15/16 Cap Hit $2.6 Million. Salary $3.2 Million

            I think I read last year, yes they could negotiate a trade while in arbitration process. If his agent asks for a NTC clause it would force a three way conference call.

  • jimithy

    Peter Holland is another first round pick who never equaled expectations. For a big player he is way to soft and uncommitted. Las Vegas will be his next stop.

    • Gary Empey

      I know Babcock really likes his off ice training ethic. From what I have seen he seems to lack that quickness required at the NHL level. At the AHL level you have so much more time to decide what to do next. We have now had him for 3 years.

      One could always take the view that some of the guys have above: We have been paying him $775,000.