https://www.nytimes.com/athletic/6356292/2025/05/14/islanders-gm-president-search-shanahan/ said:
I had discounted Leafs president Brendan Shanahan in my update earlier this week but have since been told not to be so fast to dismiss him. Shanahan’s contract expires June 30 and the Leafs are trying to reach the Eastern Conference final for the first time since 2002. If they get past the Panthers, that might make a Shanahan return in Toronto more likely. But if not and the MLSE board is willing to move on, there could be interest from the Islanders. Collins and Shanahan worked together at the NHL for years.
Shanahan is probably not a dual-role option for the Islanders, so ownership would have to make the call on whether it’s worth shelling out for Shanahan plus a GM — current Leafs special assistant Shane Doan, maybe? — and also whether the Leafs’ timeline for making a call on Shanahan works with the Isles’ timeline, already 23 days into their search.
A long shot, but not off the table.