The Toronto Maple Leafs' most valuable waiver pickup in recent memory is sticking around.

According to CHEK's Rick Dhaliwal, the Maple Leafs and Stetcher have agreed on a two-year extension.

According to PuckPedia.com, the deal is worth $1.35 million per season.

The Leafs plucked Stecher off the waiver wire from the Edmonton Oilers on November 15, as they looked for a right-shot defenseman in the wake of some injuries. One of those was injuries was to Brandon Carlo.

Stecher logged 16:44 of 5-on-5 ice time in 58 games with the Leafs, where he scored three goals and added 11 assists. Despite the Leafs missing the playoffs for the first time in 10 years, the veteran defenseman enjoyed his time in Toronto and was not shy about expressing his desire to stay beyond the season.

Ironically enough, it was the departure of Carlo's services that opened the door for Stecher again. The Leafs moved Carlo to the St. Louis Blues over the weekend for a pair of third-round picks at the 2026 NHL Draft.

Stecther's deal is one-way, but is just $125,000 above the NHL's burial amount from a salary-cap calculation perspective. Meaning, if he doesn't start on the main roster, the cap charge is negligible.

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