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Leafs send Holland a message by placing him on waivers

New York Rangers v Toronto Maple Leafs

TORONTO, ON - FEBRUARY 18: Peter Holland #24 of the Toronto Maple Leafs stretches in the warm-up prior to play against the New York Rangers in an NHL game at the Air Canada Centre on February 18, 2016 in Toronto, Ontario, Canada. The Rangers defeated the Maple Leafs 4-2. (Photo by Claus Andersen/Getty Images)

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With a potential salary arbitration hearing looming on Monday, the Toronto Maple Leafs took a page from the Minnesota Wild’s book and waived Peter Holland.

The message - whether it’s more intended for Holland or a possible arbitrator - is that the Maple Leafs believe that Holland is merely worthy of a two-way deal.

The Wild did something similar with Jordan Schroeder, who cleared waivers.

The Globe & Mail’s James Mirtle believes that Holland won’t be back with Toronto, with a few paths leading to such a conclusion.

Holland, 25, has been serviceable for the Leafs, scoring 27 points in 65 games last season with similar numbers in 2014-15.

He already has 195 regular season games under his belt between the Maple Leafs and Ducks (the team who drafted him 15th overall in 2009).

None of his numbers scream big payday, but it’s plausible that someone might at least believe that he’s worthy of a one-way deal. The Leafs might disagree, however.