Matthew Knies is back in trade chatter, but Jim Hiller's Maple Leafs aren't treating the winger like a player headed out the door.

The latest discussion came through Darren Dreger, who pushed back on the idea that Toronto is actively shopping Knies while acknowledging his name continues to surface in conversations.

Dreger's distinction matters. He described the situation as something opposing teams may revisit rather than a deal Toronto currently has on the front burner.

That changes the temperature around Knies. There is a major difference between teams asking about a valuable player and the Maple Leafs deciding they want to move him.

For Toronto, the bigger question is what happens if those calls keep coming. Knies has reached the point where interest from other clubs creates a real roster decision, even without the Maple Leafs initiating talks.

And with Jim Hiller now behind Toronto's bench, Knies also enters a fresh coaching setup where deployment, linemates and special-teams usage can shape his value inside the organization.

Toronto faces a decision if trade calls intensify

Dreger said he doesn't believe for a second that the Maple Leafs are shopping Knies. His read was that managers discussed the winger around the trade deadline and during the offseason before circling back.

That makes this less about an imminent move and more about pressure building around a desirable asset. Toronto can keep saying no, but repeated interest can force management to establish exactly what Knies would cost.

Knies is also healthy entering the season, removing an injury concern from the equation as Hiller begins sorting through his forward group and identifying where the winger fits.

The Maple Leafs don't need to make a decision today. But the conversation becomes harder to dismiss if clubs return with stronger offers once the season begins.

There is also a hockey consequence for Hiller. Every promotion, matchup assignment or special-teams opportunity involving Knies will offer clues about how heavily Toronto plans to lean on him.

For now, the message around the Maple Leafs is clear: Knies isn't being pushed toward the exit.

But his name hasn't disappeared from the league's trade conversation either, and that makes his early-season role one of Toronto's situations worth watching closely.

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