NHL trade rumors: Toronto Maple Leafs face growing trade speculation around Matthew Knies and Morgan Reilly amid disappointing season

Trade speculations continue to swirl around the Toronto Maple Leafs, as multiple players’ names have emerged as potential targets for trade. As Auston Matthews' name has already been dominating the trade rumor list, players like Matthew Knies and Morgan Reilly have also gained traction after a disappointing season in 2025-26. According to reports, the major organizational changes in the Maple Leafs have served to fuel the trade rumors about Matthew Knies.

Meanwhile, veteran defenseman Morgan Rielly’s name has also surfaced in trade chatter, though any move involving him would be complex. With his experience and importance to the team’s blue line, dealing with Rielly would be a major structural shift in the team.

It is to be noted that the speculation has gained momentum these days as the club made significant organizational changes this week, including the dismissal of GM Brad Treliving, while the head coach Craig Berube's association with the team also remains uncertain.

Trade buzz surrounds the Toronto Maple Leafs as Matthew Knies and Morgan Reilly emerge as potential players

The trade buzz around Matthew Knies and Morgan Rielly has surged following the shocking firing of GM Brad Treliving last week. The move has reignited speculation on a roster overhaul after the Leafs' first playoff miss in a decade. According to recent reports, young forward Matthew Knies has become a notable name in trade conversations.

While the Maple Leafs are not actively shopping him, rival teams are believed to have shown interest, viewing him as a valuable long-term asset. However, Toronto is expected to be cautious about moving a promising player unless the return significantly strengthens their roster.


Insider reports suggest that multiple contenders are eyeing Matthew Knies for his size and playoff grit, with good and potential packages. While for veteran defenseman Morgan Rielly, despite a no-trade clause, is drawing attention from teams that are seeking top-four blue-line help. It is to be noted that Reilly has four more years left on his contract with an average annual value of $7.5 million and a full no-movement clause for the next two seasons.

The Leafs' 32-31-13 collapse exposed their goaltending issues and defensive woes, prompting a major reset. This shows that after Toronto's underwhelming season, pressure on the management to reassess the team has intensified, adding fuel to the trade speculations.

Meanwhile, Elliotte Friedman also said that Auston Matthews’ future with the Toronto Maple Leafs is not fully decided yet and could depend on how the team performs at the start of next season.

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