"I don't anticipate us making any major moves," Nonis told the newspaper. "And I definitely don't see us getting involved in a rent-a-player transaction that sees us move resources for someone we only have for a handful of weeks."
With center Dave Bolland set to return from injury, the Leafs feel his return to the lineup will help give them a boost and keep the team on the right track.
It had been widely reported that the Leafs were trying to package center Nazem Kadri for a No.1 center, and while that could still be explored in the off-season, completing such a move now seems unrealistic.
"You're always looking to get better," he said. "But it has to be a hockey deal. It has to make sense long term while helping us now as well."