After a Hall of Fame career in New Jersey lasting 28 years that included five trips to the Stanley Cup Final and three championships, Lou Lamoriello is moving on.
In stunning news, Lamoriello has resigned his position as president of the New Jersey Devils and accepted the role of general manager with the Toronto Maple Leafs. Lamoriello resigned as the Devils general manager on May 4, handing the job to Ray Shero. Current Maple Leafs president Brendan Shanahan was drafted by New Jersey in 1987, which just so happens to be the year Lamoriello took over as the Devils’ president and general manager.
Lamoriello becomes the 16th general manager in Toronto’s long, storied history. With Shanahan and new head coach Mike Babcock, the Leafs are loading up a Hall of Fame group to turn around the franchise. It’s also an expensive endeavor; Babcock signed a record deal earlier this summer, and Toronto will have to provide draft pick compensation to Jersey to sign Lamoriello.
Toronto has been rumored to have interest in making a number of trades this summer, but has only moved Phil Kessel so far. Signing a new general manager may open the flood gates in Toronto – and elsewhere.