However, he decided to accept an offer with the New Jersey Devils, less than a month after leaving the Leafs.
Since then, even if the coaching staff's salary doesn't count on the team's salary cap, some people have been wondering how the Leafs would be affected financially by Keefe, now that he's with the Devils.
The coach signed a four-year contract with the Devils, and it was decided that the two years in Toronto would be forgotten, as New Jersey gave him a better deal to compensate.