Report: Maple Leafs to try and trade Cowen before Monday’s deadline

Toronto Maple Leafs defenseman Jared Cowen cleared waivers Saturday, as expected.

Acquired from the Ottawa Senators in the Dion Phaneuf trade, Cowen is unlikely to suit up in a single game in the blue and white.

On Friday, Sportsnet's Chris Johnston wrote about Cowen's unusual contract:

... a player who clears waivers can be assigned to the American Hockey League for a period of 30 days, which makes Cowen an even greater asset to a team interested in him acquiring for the purpose of gaining a $650,000 salary cap credit next season by buying out his contract.

Cowen carries a cap hit of $3.1 million this season. He's scheduled to become a restricted free agent after next season, but as Johnston writes, it's more likely he's bought out by the club that trades for him by Monday's deadline - if that happens.

Only 25, Cowen has four assists in 37 games this season. He's been rehabbing a hip injury in the hopes of suiting up for Toronto.

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