While the expectations on the Maple Leafs are significantly lower than that of their provincial rivals they both have glaring problems. The Leafs need a solid top 4 scorer while the Sens need some back end help...goal tending to be precise.
The Sens are a little worse for ware as they were slated to be a contender for the eastern conference title, not the basement. Not to mention they are close to the cap with only about 3 million in wiggle room.
The Leafs on the other hand have over 7 million in CAP space and don't have to worry about being playoff bound this season, in fact a basement finish is just what the doctor ordered.
Here is how these hated rivals could go along way in helping each other.
To Ottawa; CAP hit 10.4
3rd round pick (essentially a late second with where the Leafs could finish)
To Toronto: CAP hit 10.7
1st round pick
Here in lies the problem both Kubina and Spezza have no trade clauses in their contracts. Kubina's is void in the summer of 09 so moving him should be possible.
Both Spezza and Steen could benefit greatly from a change of scenery. With Spezza in the fold it may actually make sense to re-sign Antropov. Here is a look at the top 2 lines and 4 d-man of each team following this deal.
Hagman- Stajan - Grabovski
Alfedson- Steen- Heatley
Vermette- Fisher - Schubert
Toskala is under contract for 1 more year at 4 million where are Gerber's contract expires on July 1 09. The Leafs could fetch a second rounder for Gerber if there is a team heading in to the post season looking for some insurance in goal. The CAP hit for Gerber from deadline on would be about 1 million and on an expiring contract it is an attractive trade possibility for teams in need.
The edge in this deal is leaning towards the Leafs slightly, however the Sens have got to win soon, if not soon, NOW! The leafs have time to build, I mean 41 years what is another 3?