The Toronto Maple Leafs committed three years to free agent Patrick Marleau on Sunday, signing the now former San Jose Sharks forward.
It’s a pricey deal — worth a total of $18.75 million, most of that geared towards signing bonuses, according to CapFriendly.
It also involves a no-movement clause.
That’s quite a bit for a player about to celebrate his 38th birthday in September. Marleau won’t reach his lofty numbers achieved five, six, seven or eight years ago. Knocking on the door of a 40-goal campaign was the norm back then for Marleau.
But he has remained productive into his late 30s, scoring 27 goals and 46 points this past season.
Toronto’s bench boss Mike Babcock coached Marleau with Team Canada in the 2010 and 2014 Olympics. With such emphasis on youth and speed in today’s NHL, signing a soon-to-be 38-year-old forward — especially to a three-year deal — raises eyebrows.
However, Babcock doesn’t seem overly concerned about that deal or Marleau’s age.
Babcock has been put in charge of overseeing the on-ice component of the Maple Leafs rebuild, which, with an impressive group of young and talented players, has taken quite a step forward in the last year. The Maple Leafs have since added veteran players like defenseman Ron Hainsey and center Dominic Moore to their lineup. Marleau is the most noteworthy catch for Toronto over the last day-and-a-half.
The Leafs are trying to snatch the last bit of good from his Hall of Fame-worthy career while injecting veteran stability and versatility into an lineup that’s mostly populated by youth. The club also has a limited window for making such a move with young stars Auston Matthews, William Nylander and Mitch Marner all still on entry-level contracts.
“We won’t be able to do this in a year or so but we have the room and flexibility to do it (now) and not interrupt the process that we have in place, understanding where our young players are and where they will be,” Leafs general manager Lou Lamoriello said in a statement released by the team.
Meanwhile, this marks the end of an era for the Sharks and Marleau.
He played 1,493 regular season games in San Jose, and another 177 in the playoffs. Between regular season and playoffs, Marleau scored 576 goals and 1,202 points with the Sharks.
“Patrick has been a pillar of this franchise since he was drafted as a 17-year-old in 1997, and has become one of the elite players in our team’s history,” said Sharks general manager Doug Wilson in a statement.
“He owns nearly every offensive record in Sharks history, scored some big goals for our team and helped shape San Jose into a true hockey city. While we were hoping he would choose to return to San Jose, we wish him the absolute best and want to thank Patrick, his wife Christina, and their children Landon, Brody, Jagger and Caleb for their time in San Jose, a place he has called home for nearly two decades.”