Skip to content

Report: Phaneuf extension might be imminent

Dec 24, 2013, 4:02 PM EDT

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. Ducks’ Rakell makes franchise history with overtime winner

    Apr 21, 2015, 1:52 AM EDT

    Getty Images

    The Jets, and Winnipeg, feel the crush of defeat.

  2. Video: Wild chase the Blues away to take series lead

    Apr 20, 2015, 10:54 PM EDT

    St Louis Blues v Minnesota Wild - Game Three Getty Images

    Devan Dubnyk produces his first playoff shutout.

  3. Suspension-worthy? Perry hit by Byfuglien after scoring a goal

    Apr 20, 2015, 10:37 PM EDT

    byfuglienfrombehind

    It drew a two-minute roughing penalty.

  4. Video: Rakell, Scheifele collide knee-on-knee

    Apr 20, 2015, 10:29 PM EDT

    No call on the first collision.

  5. WATCH LIVE: Tonight’s Stanley Cup Playoff action

    Apr 20, 2015, 9:48 PM EDT

    Pittsburgh Penguins v New York Rangers - Game Two Getty Images

    Will shifting locales produce interesting results?

  6. Too little, too late: Rangers stifle Penguins for 2-1 series lead

    Apr 20, 2015, 9:45 PM EDT

    Sidney Crosby, Keith Yandle AP

    A close-to-perfect road effort from New York.

  7. Devils’ Henrique undergoes wrist surgery, expects 4-6 week recovery

    Apr 20, 2015, 9:00 PM EDT

    Montreal Canadiens v New Jersey Devils Getty Images

    New Jersey’s only player who went under the knife this offseason.

  8. Another ‘easy’ choice: Hawks confirm Darling back in for Game 4

    Apr 20, 2015, 1:47 PM EDT

    Chicago Blackhawks Getty Images

    Corey Crawford will sit, once again, against the Preds.

Featured video

Sens need to control emotions after Subban slash
Top 10 NHL Player Searches
  1. K. Letang (2924)
  2. M. Pacioretty (2852)
  3. M. Stone (2700)
  4. M. Fisher (2643)
  5. Z. Kassian (2489)
  1. J. Abdelkader (2477)
  2. M. Perreault (2171)
  3. S. Crosby (2093)
  4. R. Nash (1919)
  5. C. Ehrhoff (1888)