Nylander still has to sign the offersheet. I don't see a team willing to give up 4 first round picks for him. A team would need to give up 4 firsts if he signed either for 8 years at 6.3M+ or 7 years at 7.2M+. So for 8 or 7 years the team would need to get him to sign for less than that. But anything less than 7.2M and the Leafs are matching.
So now you're pretty much left with:
7.5M-8M at 6 years, and giving up two 1sts, a 2nd and a 3rd.
or
7.5M-8M at 5 years, and giving up a 1st, a 2nd and a 3rd.
Both of which bring him to UFA. Neither are super enticing.
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