Maple Leafs thinking possible 'trade-and-sign' deal with Flames?

Friedman isn’t convinced the Maple Leafs think this is the season to go all-in on a deadline rental. He explains:

“Toronto is down three defencemen: Mark Giordano (injured Tuesday, length of time to be determined), John Klingberg (could be rest of the season) and Timothy Liljegren (already out three weeks). As they consider what to do, the biggest question might be, “Is this the year to spend key assets on rentals?” A less-costly depth option, OK. Someone with term or that you know you can sign, all right. But a pure rental? Do they think that makes sense for this team, this season?”

He then notes that Tanev might be an exception. While the Leafs would hesitate to give up big assets for a rental, they might invest heavily in a player they think they can sign. “He’s a Toronto guy, Treliving signed him [in Calgary], I bet you he’ll have a good idea of what it will take to keep him [in Toronto],” Friedman said. He added, “That’s the one guy I think Toronto goes hard to get because even if he’s acquired as a rental, I think they’re going to be pretty confident they can keep him. But we’ll see.”

Does it have to be a sign-and-trade, or could it be a trade-and-sign?

Typically, if the Flames want to get a solid return, they could do a sign-and-trade. Tanev could agree on a long-term deal and then based upon the agreed terms, be dealt to Toronto. The key is the knowledge the Maple Leafs have their guy locked in. That said, it could go the other way around. In that case, Toronto could wait and decide to just trade for him as a pending UFA. They could then try to sign him on their own. But, that opens up the door to Calgary potentially dealing with another team.

Tanev has a modified no-trade clause in which he can list 10 teams he won’t go to. Calgary can just deal him to one of 20 others if they don’t feel they are getting the best deal. Toronto could eventually sign Tanev as a free agent, but, again, the door is open to other options coming across the defenseman’s table.