As per Kevin McGran of the Toronto Star, the Toronto Maple Leafs have re-signed defenceman Korbinian Holzer to a one-year deal and filed for arbitration on winger Nikolay Kulemin. [Toronto Star]

With an obvious impasse in the Kulemin case, arbitration may be the right move for a player who is coming off a percentage-stained season. Kulemin scored just seven goals in 70 games after a 30-goal season the year prior, shooting just 6.5%, an obvious career-low.

As for Holzer, his strong play with the Toronto Marlies this season earned him a one-way contract.

Now, contrary to popular belief, the one-way contract does not guarantee Holzer a spot with the Maple Leafs. He is still waivers-exempt, the one-way deal simply means he'll make the same payday with the Marlies as he will with the Maple Leafs this season. Still, it's a nice reward. He'll make a big raise on his $62,500 contract from last season.

Onto Kulemin. Arbitration was best explained in this post by Dirk Hoag at On The Forecheck last season. Since the Maple Leafs elected arbitration, which is sometimes called "cut down" arbitration because it allows the Leafs to slash 15% of Kulemin's salary if they win their case, the same rules apply from last season when the Predators took Shea Weber to court: