In a late-night one-for-one swap, the Toronto Maple Leafs have acquired defenseman Henry Thrun from the San Jose Sharks for forward Ryan Reaves. Both teams have confirmed the trade.
The trade is a good bit of business for both teams. The Sharks were in a position to thin out their defensive core after adding Dmitry Orlov and Nick Leddy last week, and raise their salary cap situation above the upper limit. For Toronto, they were able to move out an overpriced and underused asset for a quality defensive addition.
Thrun has been a relatively consistent blue liner in San Jose for two years. Throughout that time, Thrun has scored five goals and 23 points in 111 games with a -45 rating, averaging 18:39 of ice time per game.
While Thrun’s output in San Jose may appear unsettling, he should find more success in Toronto based on improved teammates and less responsibility. However, there is more reason for concern.
Throughout his career, Thrun has averaged a 42.6% CorsiFor% at even strength and an 89.5% on-ice save percentage at even strength. According to MoneyPuck, for defensive units that played 150 or more minutes for the Sharks last season, Thrun was on both of the worst units in terms of xGoals% with 31.3% and 30.7% respectively.
Still, there’s a legitimate argument that he’s an improvement for the Maple Leafs, considering what they gave up. Even at the time of signing, Reaves’ three-year, $4.05MM contract seemed high, especially considering that Toronto had struggled with salary cap space for a few years.
As expected, Reaves added plenty of physicality to Toronto’s lineup, but not much else. Over his two years with the Maple Leafs, Reaves scored four goals and eight points in 84 games with 268 hits and 77 PIMs while averaging 7:59 of ice time per night. Things got so bad for Reaves in Toronto that the team waived him toward the end of the 2024-25 campaign.
He won’t be expected to show any sort of improvement in San Jose. The Sharks have a glut of prospects making their way to the NHL level, and Reaves will be tasked with protecting the youth movement as one of the last true enforcers in the game.
Photo courtesy of Nick Turchiaro-Imagn Images.