Jared Cowen's grievance hearing against the Toronto Maple Leafs concerning his buyout will take place Oct. 19, TSN's Bob McKenzie reports.

Cowen was recovering from hip surgery when the team bought out his contract in June, which his representatives are using as leverage in the hearing.

The 25-year-old blue-liner was acquired by the Maple Leafs in the trade that sent former captain Dion Phaneuf to Ottawa. Cowen played 37 games for the Senators last season before the deal, recording four assists.

The hearing bears huge significance for Cowen. If he wins, he receives his $4.5-million salary this season, but will only make $750,000 this season and next if he loses, reports McKenzie.

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