There will be other ways to get cap relief. They're not going to trade one of their best players

Not even close to enough for Willy.

No where close to Nylander's value, Leafs don't consider

no he would probably walk with us

Add Hughes and Holtz and the Leafs consider

Not enough hits coming back eh?

Nylander is a fantastic player on a great contract and those 2 remaining years covers the remainder of Leafs window of contention.
At the same time, Devils are unlikely contending within those 2 years with or without Nylander.
Acquiring a high end winger is probably the last thing the Devils should do in the short-term anyway, we have an excess of wingers as is.
And those three pieces are likely to play big roles for whenever the time comes for the Devils to be a playoff-regular (from 2024 and onward).

Both teams decline this tbh.

qwerty

???

Both teams decline

Devils still rebuilding
Leafs not rebuilding

If they can't compete next year with that top 6 and top 4 D then just fold the Franchise.

Also depends on injuries

Nylander is one of my favourite Leafs