For the Canucks, Leivo is a decent pickup for a team searching for added scoring depth. He has good size and the versatility to play either wing position. Still only 25, Leivo will probably get one more shot at becoming a scorer in the NHL with Vancouver. He must make it count.

For Toronto, this deal is about trading a roster player so as to activate recently-signed winger William Nylander. It is also a gesture of good will toward Leivo, who was a very good teammate during his time with the Maple Leafs (and endured a lot of time in the press box).

Leivo may now be worth a speculative pickup in some fantasy formats, but the best approach right now would be to wait and see how he is utilized by Canucks coach Travis Green. Leivo remains a fantasy dark horse until further notice. As for Carcone, he will continue to toil in the minor leagues and has zero fantasy value.