The Toronto Maple Leafs are one of the top teams in the NHL and insider Elliotte Friedman says they'd do a lot to acquire Mikko Rantanen.

As clear as John Tavares has made his intentions to remain with the Toronto Maple Leafs once his current deal expires in July, fans hadn't heard a legitimate update on where things stood between the player and the franchise regarding a contract extension.

According to David Pagnotta of The Fourth Period, the Toronto Maple Leafs and veteran forward John Tavares are close on a new extension, with some finer details all that needs to be done.

The Toronto Maple Leafs are closing in on a three-year extension with John Tavares, according to NHL insider David Pagnota.

In the case of Toronto, the Maple Leafs already face critical decisions regarding upcoming free agents Mitch Marner and John Tavares’ future contracts with both players currently earning nearly $11 million per year.