For the Ducks, this move brings in a veteran backup for projected starter John Gibson. Bernier has played in Southern California before (with the LA Kings, 2007-13), so he could rebound from a so-so stint with the Maple Leafs.

For Toronto, this trade brings an end to the Bernier era after three up-and-down campaigns. The team also clears $4.15 million in salary-cap space to sign another player or acquire somebody via trade, and add an extra pick.

Bernier's fantasy value should remain fairly steady, since he goes from backing up former Duck Frederik Andersen with Toronto to backing up current Duck Gibson in Anaheim. Gibson's value takes a very small hit, while Andersen's value goes up a tad.