Quoting: Boltsbeathabs
Kerfoot isn't being retained on and even with retention I think more Like a 3&5
his value is very underrated (not including the extremes of some Leafs fans of course, more speaking the average fan). Can play any position, any line (any line wing, has done fine filling in at 2C for injury, not ideal of course but never is when you need a filler, does what you ask of him for that), great defensively, great on PK, can fill in on PP. 50 even strength points last year and has 7 points in last 9 games, over career has generally been good for 35 - 45 points. 8 points in last 14 playoff games.
All I'll say is he'd be coveted on here if he wasn't a Leaf, which is precisely why the Leafs should do anything they can to avoid him being a cap casualty if there's a bigger move at play the TDL.
I think his value/rep on here gets tarnished because so many Leafs fans just ship him away for scraps on here (ofc some way overvalue him but often just what I see), when he's very valuable depth to any contending team, which is why Leafs should keep him.