Breaking News: Maple Leafs Goaltender Joseph Woll Explains Why He Turned Down $10 Million Offer from Edmonton Oilers

In a move that stunned much of the hockey world, Toronto Maple Leafs goaltender Joseph Woll has publicly explained his reasons for rejecting a $10 million multi-year contract offer from the Edmonton Oilers—one of the league’s most offensively gifted teams and a recent Stanley Cup Finalist. With the Oilers seeking long-term stability in the crease following an inconsistent playoff stretch between Stuart Skinner and Calvin Pickard, their aggressive pursuit of Woll made sense. What no one expected, however, was Woll’s decisive and deliberate “thanks, but no thanks.”
Now, for the first time since news broke of the Oilers’ bid, Woll has offered a candid look into the factors behind his surprising decision, and it’s about more than just money.
Loyalty to Toronto and Personal Growth
Woll made it clear in his statement that his decision had very little to do with the money on the table.
“The financials were generous, and I’m grateful Edmonton believed in my potential,” he said in an exclusive interview with TSN. “But I’ve grown up in the Leafs system. This is home. I’ve built relationships here that money can’t replace—my teammates, the fans, the coaching staff. They’ve invested in me through my ups and downs, and I feel like I owe it to them to see this through.”
Woll, who was drafted by the Leafs in the third round of the 2016 NHL Draft, has endured injuries and development hurdles but has emerged over the past two seasons as Toronto’s most promising goaltending asset. Many insiders see him as the franchise’s future starter, if not already.
A Family-First Perspective
Another factor that played a significant role in Woll’s decision was family. The 26-year-old netminder emphasized how proximity to his family, many of whom reside in the northeastern United States, has been a source of comfort throughout his professional journey.
“Being in Toronto, I’m just a quick flight or drive away from the people I care about most. That support system has kept me grounded,” Woll noted. “I’ve seen how tough it can be on players who move across the continent and lose that lifeline. For me, that’s a price too high to pay.”
Concerns About Edmonton’s Defensive Structure
While Woll was diplomatic about the Oilers organization, he admitted to having concerns about the team’s defensive system—a major factor for any goalie contemplating such a transition.
“Look, Edmonton is explosive up front—McDavid, Draisaitl, Hyman, those guys are elite,” he said. “But for a goalie, you want to be in a system that protects the crease and gives you a real chance to succeed. Toronto has made strides defensively, especially under Craig Berube, and I believe we’re headed in the right direction.”
The Oilers, despite reaching the Cup Final in 2024, were often criticized for defensive lapses and their overreliance on offensive firepower to bail them out of trouble. Woll’s comments seem to reflect a desire to play behind a more balanced and reliable structure, something he sees emerging with the Maple Leafs.
Confidence in Toronto’s Cup Window
For Woll, staying in Toronto wasn’t just a sentimental decision—it was also a strategic one. He expressed full confidence in the Leafs’ ability to compete for a Stanley Cup in the near future, especially with young core pieces like Auston Matthews, Mitch Marner (despite swirling trade rumors), William Nylander, and Morgan Rielly all still in place.
“We’ve got the talent, we’ve got the hunger, and now we’ve got the coaching and structure. I want to win a Cup with this group. That dream is still alive here,” Woll declared.
This loyalty and belief in the Leafs’ long-term competitiveness is emblematic of Woll’s character—measured, thoughtful, and team-oriented.
Message to Edmonton
Woll was also gracious in addressing the Oilers directly, making it clear that he holds no ill will and harbors nothing but respect for their approach.
“Edmonton’s offer was serious, and I respect the professionalism of everyone I spoke with. They’ve built something special there. It just wasn’t the right fit for me personally. I wish them nothing but the best,” he concluded.
Analysts React: Risky or Admirable?
The reaction from NHL analysts has been mixed. Some argue Woll passed up an opportunity for guaranteed starter minutes and a hefty payday. Others commend him for sticking to his principles and prioritizing fit, growth, and personal well-being over financial gain.
Sportsnet’s Elliotte Friedman weighed in, saying, “Joseph Woll made a very mature, very difficult decision. That shows character. He’s betting on himself, and on the Maple Leafs, in an era where players often chase the bag first.”
Former goalie and current analyst Kevin Weekes added, “He could’ve taken the money and ran. But he stayed true to what’s made him successful—stability, preparation, and patience.”
What’s Next for Woll and the Leafs?
With the Oilers now forced to return to the drawing board in their goalie search, Woll and the Leafs will likely move quickly to solidify a new contract extension. The 2024-25 season will be pivotal for Woll, as he looks to take over the full-time starting job and prove he made the right call in turning down Edmonton.
For now, one thing is certain: Joseph Woll is all-in on Toronto—and ready to write his own legacy with the franchise that believed in him from the start.