Is it best for the Toronto Maple Leafs to lock in Matthew Knies to a big long-term contract extension now or wait out the season?

Forward Matthew Knies is close to agreeing to a long-term contract extension with the Maple Leafs, according to NHL insider Elliotte Friedman. On the most recent episode of the "32 Thoughts" podcast, Friedman reported that the Leafs and Knies have begun serious contract talks, signaling that an agreement is imminent and could be finalized soon.

Toronto's cap situation is going to be a compelling storyline all season. And it all starts with roster cutdown day a week away.

New Toronto Maple Leafs head coach Craig Berube, left, talks with forward Mitch Marner during training camp in Toronto on Sept. 19.

Though the Toronto Maple Leafs are often ridiculed for having some players fans feel are overpaid, they don’t seem to get recognition for some of their better contracts.