Timothy Liljegren signs contract extension with Toronto Maple Leafs

Timothy Liljegren has signed a two-year deal with the Leafs. $3 million cap hit.

On Timothy Liljegren's status:

If I had to guess, Leafs are trying desperately to move his rights to a team that is, at minimum, comfortable with his arbitration. Return at this stage, if any, would likely be pennies on the dollar.

If his rights aren't moved - which is to say, if given the choice between arbitration & letting him walk, my sense is they're leaning toward the latter.