The San Jose Sharks have acquired defenseman Timothy Liljegren from the Toronto Maple Leafs in exchange for defenseman Matt Benning, a 2025 third-round and 2026 sixth-round draft pick. Toronto will get the better of the third-round picks that San Jose previously acquired from the Edmonton Oilers and Colorado Avalanche.
The move ends a tumultuous seven-year run for the 17th overall pick in the 2017 NHL Entry Draft. The Maple Leafs were patient with the 25-year-old, waiting for him to realize the potential that made him a first-round pick. Unfortunately for Toronto, that untapped potential never translated to results, as Liljegren could not crack Toronto’s top four on defense.
Liljegren was re-signed to a two-year $6MM contract back in late June, but despite the new contract, Liljegren quickly lost the trust of new head coach Craig Berube and general manager Brad Treliving. Liljegren has only dressed in one regular season game thus far and struggled mightily, as the Maple Leafs were out-chanced 21-2 while he was on the ice for 12 minutes of even-strength hockey.
Coming back the other way is 30-year-old depth defenseman Matt Benning. The Edmonton Alberta native is in the third year of a four-year $5MM contract, meaning that Toronto will realize a cap savings of $1.75MM in the transaction for this season and next. Benning is a useful defenseman who is just two years removed from his best offensive season as a pro (one goal and 23 assists in 77 games). While Benning will serve as valuable depth for Toronto, he is unlikely to see the kind of ice time he was seeing in San Jose and will most likely be Toronto’s eighth defenseman.