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Major Canadiens-Maple Leafs trade gains credibility as second source confirms

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David St-Jean
June 5, 2026  (6:57 PM)
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Oct 8, 2025; Toronto, Ontario, CAN; Toronto Maple Leafs left wing Matthew Knies (23) battles for the puck with Montreal Canadiens right wing Ivan Demidov (93) during the first period at Scotiabank Arena.
Photo credit: Nick Turchiaro-Imagn Images

A second major insider has now locked in the details of the Montreal Canadiens' failed trade deadline deal, and the name at the centre of it is still Matthew Knies.

Dave Pagnotta of The Fourth Period reported that the Habs were set to send prospect Alexander Zharovsky, two first-round picks, and a second top prospect to Toronto in exchange for the 23-year-old power forward.

That package is significant. Two first-rounders and Zharovsky is the kind of offer you make for a player you genuinely believe in long-term.

"Details confirmed by both Elliotte Friedman and David Pagnotta confirm that the deal that didn't go through was surrounded around Toronto Maple Leafs forward Matthew Knies."

Elliotte Friedman had already reported the broad strokes. Now Pagnotta is independently confirming the same package. When two sources this credible land on the same number, the number is real.

The deal reportedly entered the queue at 3:01 PM ET, one minute after the deadline closed. One minute. That's the difference between Montreal's offseason looking completely different and the situation it's in now.

Friedman also reported that Habs GM Kent Hughes was furious with then-Leafs GM Brad Treliving over the timing. According to reporting, Hughes allegedly told Treliving that if he kept his job, he better honour the deal. He didn't keep his job.

What the confirmed package tells us about Zharovsky's value in Montreal's plans

Toronto's front office has since turned over. The new management group has no obligation to that conversation, and Friedman has already suggested they're unlikely to revisit it.

That leaves Hughes in an awkward spot. The names are out. Knies knows he was nearly shipped to the Canadiens. Zharovsky knows he was the main piece going the other way.

Knies finished the season with 23 goals and 66 points in 79 games at a cap hit of $7,750,000. For a 23-year-old winger with that production and that physical profile, that's a fair number. And it only gets better from here.

Meanwhile, the Leafs finished 28th overall with a -46 goal differential and 78 points. The idea that Toronto's new front office would deal one of their most productive, cost-controlled young forwards right out of the gate seems unlikely. But stranger things have happened when a regime wants to put its own stamp on a roster fast.

Media member Marco D'Amico of RG Media has suggested the unnamed second prospect in the package could be Adam Engstrom, who is currently on Montreal's roster. That detail adds another layer of awkwardness to the situation, and it's not going away.

Hughes has made clear the Habs want to hold onto both Michael Hage and David Reinbacher. The fact that they were willing to part with Zharovsky and Engstrom for a winger tells you exactly how they view their centre depth internally. They think Hage is their guy.

Whether the Knies deal gets revisited this summer or dies entirely, the pressure is now on Hughes to find that second-line piece somewhere. The window for a clean, quiet offseason closed the moment these names went public.