Speaking of money providing no value, the $1.2 million that the Leafs retained from the Phil Kessel trade comes off the books this summer as well. Since the Kessel trade, the Leafs have been eating that money, which wasn't a problem for a few years because the Leafs weren't up against the cap. However, since the "Core 4" signed their current contracts, that retention has come back to haunt them. Every dollar of the salary cap is important when half of it is being paid to 4 players. The $1.2 million could've been used by the Leafs to bring in another
Michael Bunting or Ondrej Kase type of player. Luckily, it comes off the books and, combined with the $2.5M they're now saving without the Ritchie deal, it creates an extra $3.7M that can be used to help re-sign Campbell.