As the NHL looks toward the offseason the Toronto Maple Leafs are the lone Canadian team among the early favourites on the 2020 Stanley Cup odds, pegged at +1000 on those betting futures at sportsbooks monitored by OddsShark.com.
Toronto is coming off a second straight 100-point campaign, but followed up with yet another early playoff exit, bowing out to the Boston Bruins in seven games in the opening round. The Maple Leafs now enter a summer of uncertainty.
General manager Kyle Dubas faces the enormous task of coming to terms on contracts with restricted free agents Mitch Marner, Andreas Johnsson, and Kasperi Kapanen. However, with less than $8.8 million in estimated cap space available, and just 17 players signed, the Maple Leafs boss may be left with hard choices once the NHL free agent market opens for business on July 1.
The Winnipeg Jets sit second to Toronto among Canadian teams at +1600 odds to win the 2020 Stanley Cup, just ahead of the Calgary Flames at +1800 on those NHL odds. The Jets took a step back this season after racking up a franchise record 114 points ahead of their march to the Western Conference final a year ago, bowing out to St. Louis in the first round.
Like Toronto, the Jets could also face a salary cap space squeeze this summer. The club took steps to free up cap space by dealing Jacob Trouba to the New York Rangers on Tuesday, but will soon enter tough contract negotiations with RFAs Patrik Laine and Kyle Connor.
The Flames are coming off their best season since their Stanley Cup victory in 1989. The team finished atop the Western Conference with 107 points, and entered the postseason as +800 second favourites on the NHL futures before being upset by the Colorado Avalanche in the first round.
Calgary is well positioned to come to terms on new deals with RFAs Matthew Tkachuk and Sam Bennett, but currently does not have a starting goaltender under contract for next season, as veteran Mike Smith approaches unrestricted free agency and David Rittich is set to become an RFA on July 1.
The four remaining Canadian squads sit well back on the odds to win the 2020 Stanley Cup, with the Edmonton Oilers joining the Vancouver Canucks at +4000, ahead of the Montreal Canadiens at +5000, while the Ottawa Senators trail as +10000 longshots.
Despite their stunning opening round loss to the Columbus Blue Jackets, the Tampa Bay Lightning have emerged as the early +800 favourites on those NHL futures, just ahead of the Boston Bruins and Vegas Golden Knights at +900, while the champion Blues join the Colorado Avalanche at +1200.