As clear as John Tavares has made his intentions to remain with the Toronto Maple Leafs once his current deal expires next July, fans hadn't heard a legitimate update on where things stood between the player and the franchise regarding a contract extension.

Rumours are circulating on the internet that the Toronto Maple Leafs are closing in on an extension with John Tavares worth $7M AAV, for the next three years. I

At the end of January, the NHL and the Players’ Association released the salary cap projections (it's currently at $88 million) for the next three seasons, expecting it to reach $95.5 million in 2025-26, $104 million in ’26-27 and $113.5 million in ’27-28.