Sources say defenceman Bryan McCabe, who is scheduled to become an unrestricted free agent on Saturday, has informed the NHL club he is accepting the five-year deal worh $5.75 million a year that was essentially negotiated a few weeks ago.
McCabe had told the Leafs he needed some more time to settle some personal matters before making the commitment. The Leafs gave McCabe a deadline of Thursday to let them know whether he would accept the offer or not and sources says the Leafs received that commitment today.
A formal announcement is expected in the next day or two.
McCabe earned $3.458 million US last season when he was third among all NHL defencemen in goals (19) and points (68). Both were career highs.
McCabe has 95 goals and 243 assists in 781 NHL games. He previously played for the New York Islanders, who drafted him 40th overall in 1993, the Vancouver Canucks and the Chicago Blackhawks.
Chicago traded him to Toronto in October 2000 for Alexander Karpovtsev and Toronto's fourth-round choice (Vladimir Gusev) in the 2001 entry draft.