Skip to content

Report: Phaneuf extension might be imminent

Dec 24, 2013, 4:02 PM EST

TORONTO, ON - DECEMEBER 19: Dion Phaneuf #3 of the Toronto Maple Leafs waits for a faceoff against the Phoenix Coyotes during an NHL game at the Air Canada Centre on December 19, 2013 in Toronto, Ontario, Canada. The Leafs defeated the Coyotes 2-1 in an overtime shoot-out. (Photo by Claus Andersen/Getty Images) Getty Images

In the lead up to the 2013-14 campaign, the big question surrounding the Toronto Maple Leafs’ future was the fate of star forward Phil Kessel and captain Dion Phaneuf. Both have played key roles on the team and were scheduled to become unrestricted free agents this summer.

Kessel wasted no time killing the speculation about him by inking an eight-year, $64 million extension on Oct. 1. Now, Phaneuf might follow suit by signing a new contract before the end of the year, according to CBC’s Elliotte Friedman.

It remains to be seen what the terms will be, if the deal gets done at all, but TSN’s Darren Dreger suggested in October that the 28-year-old defenseman will not settle for less than $6.5 million annually. In other words, he won’t accept less than the average annual value of his expiring six-year, $39 million contract.

Phaneuf led the Maple Leafs in total ice time in each of the previous two campaigns and barring an injury he will almost certainly do so again this season. He’s a physical blueliner that also can make significant contributions offensively, although he’s producing below his normal pace with 13 points in 37 contests going into the Christmas break.

Toronto has about $43.1 million in cap space committed to 12 players for the 2014-15 campaign, according to Cap Geek, which puts them in a comfortable position when it comes to handling Phaneuf a big contract.

Latest Posts
  1. Video: Couture fined $5K for slew-footing Smith

    Feb 27, 2015, 2:20 PM EST

    Logan Couture Getty Images

    Incident occurred during last night’s San Jose-Detroit game.

  2. If you want to call the Sharks ‘fragile,’ Todd McLellan won’t disagree

    Feb 27, 2015, 1:53 PM EST

    Antti Niemi, Logan Couture, Brenden Dillon, Darren Helm AP

    Were dominated by the Red Wings for the final two periods of last night’s loss.

  3. Trade target Calvert (concussion) out indefinitely, says Columbus

    Feb 27, 2015, 1:35 PM EST

    MattCalvert

    Could it keep him from getting moved by Monday?

  4. Slumping Ducks hoping visit from Kings brings out some emotion

    Feb 27, 2015, 12:48 PM EST

    Los Angeles Kings v Anaheim Ducks - Game Five Getty Images

    “If we can’t get up emotionally for that game, then I think we have to take a deeper look at ourselves.”

  5. Wild waive veteran forward Veillieux

    Feb 27, 2015, 12:13 PM EST

    Veilleux Getty Images

    Has appeared in 12 games for Minnesota this season.

  6. Sabres GM Murray: I got a trade call on a player ‘I never thought I would get’

    Feb 27, 2015, 11:39 AM EST

    Tim Murray

    “He actually said, ‘Can you believe I’m calling you on this guy?’ And I said, ‘No, I can’t. But let’s talk.”

  7. Flames lose captain Giordano for key tilt versus Isles

    Feb 27, 2015, 11:13 AM EST

    giordanogetty Getty Images

    Norris candidate will sit after getting injured during Wednesday’s win over New Jersey; Tyler Wotherspoon has been recalled from AHL Adirondack.

  8. Veteran NHLer Sopel calls it a career

    Feb 27, 2015, 10:54 AM EST

    Image (1) sopelwithcup-thumb-250x335-14372.jpg for post 2198 Getty Images

    Announced his retirement on Friday.

  9. Oddsmaker: Sidney Crosby no longer Hart Trophy favorite

    Feb 27, 2015, 9:53 AM EST

    Sidney Crosby Getty Images

    He endured a rough stretch, but has bounced back recently.

  10. Panthers thrilled to get Jagr, who might be more than a rental

    Feb 27, 2015, 8:57 AM EST

    Florida Panthers v New Jersey Devils Getty Images

    He’ll bring experience, but at 43 years old can he also give Florida a boost offensively?

  11. Burgled: Sens’ Hammond shuts out Kings

    Feb 27, 2015, 1:16 AM EST

    Andrew Hammond AP

    His shutout streak is now at 172:22.

  12. Wild get important win vs. Preds (and some luck, too)

    Feb 26, 2015, 11:31 PM EST

    Nino Niederreiter, Charlie Coyle,Jared Spurgeon,Ryan Carter, Marco Scandella AP

    Nino Niederreiter combined skill and good fortune to help his team win.

Featured video

Trade deadline storylines to watch
Top 10 NHL Player Searches
  1. D. Krejci (2606)
  2. B. Wheeler (2392)
  3. T. Hall (2347)
  4. R. Nash (2224)
  5. K. Okposo (2046)