The goalie has been dealing with injuries this season and hasn't really gotten much play time.
With his imminent return after a little AHL stint, the Leafs will have to find some cap space to accommodate his return.
It's sounding like that cap space will be found with a possible Justin Holl trade.
Chatter has been around since the start of the season that either Travis Dermott or Holl would find their way out of town and the way Holl has played at times, it seems it's Holl.
NHL insider Frank Seravalli has Holl at #4 on his December trade board.
"Goaltender Petr Mrazek is inching closer to a return to the Maple Leafs' lineup, having recently returned to practice with the team. That means the Leafs will need to clear some cap space in order to activate Mrazek off LTIR. Kyle Clifford is one easy transaction. But the Leafs will need to shed more than that. There are other ways, including waiving Wayne Simmonds or trading Nick Ritchie. Since Timothy Liljegren has played himself into an everyday role, the Leafs have had interest in both Holl and Travis Dermott, but Holl is older and earns more � in a role that's not commensurate with his pay"
Time will tell.