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Montreal Canadiens' trade offer for Matthew Knies revealed


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Alexander Cole
October 3, 2026  (8:28 PM)
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Toronto Maple Leafs left wing Matthew Knies (23) scores a goal against the Los Angeles Kings during the first period at Crypto.com Arena.
Photo credit: Gary A. Vasquez-Imagn Images

The Montreal Canadiens came close to landing Matthew Knies, and the price they were ready to pay is now clearer than ever.

According to NHL insider David Pagnotta, the framework that Toronto's previous management agreed to leaned heavily on the future. Pagnotta described it this way:
The trade with Montreal that the previous regime agreed to, that was futures driven; a 1st, two top notch prospects...and whatever else.
The wording matters. Futures driven means Toronto would have received assets that pay off down the road rather than players ready to help right away. For a franchise weighing its direction, that kind of return would have sent a clear signal.

A Package Built on Prospects and Picks

That description fits what was reported earlier this year. Pagnotta and Elliotte Friedman both said Montreal was prepared to send Alexander Zharovsky, another high-end prospect and first-round draft capital to Toronto.
The deal reportedly fell apart because the Leafs submitted it one minute after the deadline.
Montreal was not shopping for a short-term fix. Offering a blue-chip prospect, a second young talent and first-round draft capital shows how highly general manager Kent Hughes valued a 23-year-old power forward signed long term at a $7.75 million cap hit.

What It Means Now

The landscape has changed dramatically since then. John Chayka replaced Brad Treliving at the top of the Maple Leafs' front office, and Knies has since been traded to Columbus in the deal that brought Kirill Marchenko to Toronto. Montreal never got its man.
Pagnotta's comments also highlight a shift in philosophy. The previous group was willing to accept a futures-driven return for a young core piece, while the current regime chose an established scorer in Marchenko who plugs into the lineup right away.
For Montreal, the episode shows the Canadiens remain aggressive about adding top-end talent.
Hughes has already spent two first-round picks on Noah Dobson, and the club still holds a deep prospect pool. Expect the Canadiens to keep making calls as the season unfolds.
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Montreal Canadiens' trade offer for Matthew Knies revealed

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