McCabe heading to South Beach?

According Sportsnet and TSN, Toronto Maple Leafs defenseman Bryan McCabe may be willing to waive his no-movement clause and allow a trade to the Florida Panthers.

TSN reports are that the Maple Leafs will send McCabe to Florida along with another player, with at least one player coming back from the Panthers. Not Panthers defenseman Jay Bouwmeester, though. Sportsnet’ Nick Kypreos suggests that the player heading to Toronto is defenseman Mike Van Ryn.

However, McCabe’s agent, Ian Pulver, says that his client hasn’t made a decision on his future yet and the two sides continue to talk about a compromise.

“We continue to talk to the Leafs about whether he is going to remain a Leaf or move to another team. Technically he won’t waive the no-trade until there is a trade and there hasn’t been a trade.”

Pulver notes that McCabe may in fact stay in Toronto.

“Having said that, he may remain a Leaf. There’s a lot of things to discuss.”

Maple Leafs GM Cliff Fletcher appears to support Pulver’s stance, saying that a deal is not imminent.

“(McCabe) hasn’t even said he would accept being traded yet. We’re working on it.”

It’s expected that if the Maple Leafs were to move McCabe, they would do it after September 1st, the day he is to receive a $2 million signing bonus.

McCabe is set to earn $6.15 million (including the $2 million dollar signing bonus) this season, and $4.15 million for the next two seasons remaining on his contract. His salary cap hit will remain at $5.75 million.