Henry Thrun has been traded from the San Jose Sharks to the Toronto Maple Leafs in exchange for Ryan Reaves. The 24-year-old defenseman had a solid season last year, contributing 12 points (two goals, 10 assists) across 60 games. Thrun is under contract for one more season at an average annual value of $1 million, having been originally selected by the Anaheim Ducks in the fourth round of the 2019 NHL Draft. His career stats stand at 25 points (five goals, 20 assists) in 119 games.

In contrast, Reaves, now 38, had a limited impact for the Maple Leafs last season with just two assists in 35 regular-season games and did not feature in the playoffs. He is also on a one-year deal worth $1.35 million AAV. Known for his physical presence, Reaves ranks fourth in the NHL with over 3,000 career hits. This trade reshapes both teams, with the Leafs gaining a young defenseman while the Sharks acquire an experienced forward.