We know that the Leafs’ plan to execute a buyout during the June window did not go as expected due to a grievance filed by the NHLPA on Cowen’s behalf. As of today, we don’t know when the arbitration process will conclude, but it has to take place sometime in the next couple of weeks so that the Leafs can get their cap situation in order heading into the new season.
Both sides in D Jared Cowen $2.15 M buyout grievance with Leafs have been in touch, but no hearing date set. Leafs need those cap savings.