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Early into the 1974 – 75 season, Ballard publicly blasted Keon, saying that the team was not getting good leadership from its captain and vowing never again to agree to a no-trade clause in a contract, as he had with Keon.
When Keon's contract expired at the end of the season, Ballard made it clear that there was no place for him on the Leafs.
The Leafs believed they had some strong young prospects at centre who needed more ice time, and Keon was again asking for a contract with a no-trade clause.
The 35-year-old Keon was told he could make his own deal with another NHL team, but any club signing him would have been required to provide compensation to the Leafs.
Ballard set the compensation price so high that other teams shied away from signing him, even though the Leafs had no intention of keeping him.
In effect, Ballard had blocked Keon from going to another NHL team.

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