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Devin Setoguchi is not a top-line player, but the Leafs don't need help there on the wing. What the club needs is depth in the bottom six.
He could be useful in that role. He's 27, so he should have at least two or three more good seasons ahead of him.
The winger is unlikely to be signed at the $3 million level he's at right now. If the Leafs could sign him around the $2 million level, it would make some sense.
Setoguchi had just 11 goals with the Winnipeg Jets last season, but the Leafs would be looking for him to provide more of an all-around game instead an offensive game. He seems capable of doing this.
If he could chip in with 15 goals or more, he could be a decent bargain signing for the Leafs.