The Toronto Maple Leafs traded forward Ryan Reaves to the San Jose Sharks for defenseman Henry Thrun.
The move gives Toronto approximately $5.33 million in cap space, according to Puckpedia.
Reaves, 38, is entering the final season of a three-year contract with a $1.35 million cap hit. He recorded eight points and posted a minus-15 rating in 84 games with the Leafs last season.
Toronto placed him on waivers for cap purposes in March. The team subsequently assigned him to the AHL, where he appeared in three games.
The veteran forward is known primarily for his physicality and fighting ability. He’s accumulated 1,100 penalty minutes while scoring 137 points over his 15-year NHL career.
Reaves has received four suspensions during his NHL tenure. That includes a five-game ban last November after delivering an illegal hit to the head against Edmonton Oilers defenseman Darnell Nurse.
“We’re excited to welcome Ryan to the organization,” Sharks GM Mike Grier said in a statement. “He will bring energy, personality, physical play and toughness to our group. He has been a part of many winning teams, and I witnessed firsthand the positive impact he can bring to a group when I was with the Rangers.”
Thrun was originally a fourth-round pick of the Anaheim Ducks in 2019. The 24-year-old Harvard product scored two goals and 12 points while averaging just over 17 minutes of ice time in San Jose this past season.
He’s entering his fourth NHL season and will earn $1 million in 2025-26 before becoming a pending restricted free agent.
The trade provides Toronto with additional salary cap flexibility as they continue roster construction for the upcoming season.
