With only a few final details to be sorted out, none of which are viewed as deal-breakers, the deal is all but done.
The former Anaheim GM was forwarded a "term sheet" by the Leafs over the past 24 hours, which included acceptable clauses on the length of contract and compensation.
Burke's deal will include the rest of this season, then a five-year contract that kicks in next season. He made about $1.4 million managing the Ducks, and is expected to see his salary doubled in Toronto.
Cliff Fletcher, who has been acting as Leaf GM since John Ferguson was fired last January, all but confirmed the deal on the FAN 590 morning show today by saying he believes it would be a "great move" for the Leafs to hire the 53-year-old Burke.
Burke was willing to strike a deal last week, but the Leafs dictated the pace of these negotiations, which slowed towards the end of last week then picked up speed on the weekend.
The only key remaining negotiating point is believed to be the reporting structure of the new regime, whether Burke will report directly to the MLSE board on a regular basis, or to a senior executive like current Leaf president Richard Peddie.
It's not believed, however, that Burke is particularly worried, having had to "manage up" during his days running the Canucks and Ducks. There are no other road blocks left that would impede a deal from being cut between the Leafs and Burke.
Theoretically, Burke could have signed a deal Sunday or Monday, but is now committed to stay in the Boston-area with his family through his daughter's bridal shower on Friday.
That sets the stage for the Leafs to introduce him as their new hockey czar on Saturday, with full coverage allotted to CBC's Hockey Night in Canada on a nation-wide basis that evening before and during the Leafs' home game against the Philadelphia Flyers, coincidentally the team for whom Burke once played as a minor-leaguer.
Dave Nonis, the former Vancouver GM, is expected to be announced as a new member of the Leaf front office at the same time as Burke is introduced.
Born in Providence, Rhode Island, Burke will become the first American to be GM of the Leafs, joining his college pal, head coach Ron Wilson.
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