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. Holland: ‘I’m not against fighting’

    Dec 17, 2014, 9:30 PM EST

    Ken Holland

    Detroit ranks 30th this season in fighting majors.

  2. Penguins recall goaltender Jeff Zatkoff

    Dec 17, 2014, 8:45 PM EST

    SUNRISE, FL - OCTOBER 11: Goaltender Jeff Zatkoff #37 of the Pittsburgh Penguins stops a shot by the Florida Panthers at the BB&T Center on October 11, 2013 in Sunrise, Florida. The Panthers defeated the Penguins 6-3. Getty Images

    Marc-Andre Fleury is unavailable Thursday.

  3. Blues’ Schwartz (foot) placed on IR

    Dec 17, 2014, 7:45 PM EST

    St. Louis Blues v Toronto Maple Leafs Getty Images

    Jaskin recalled from the American Hockey League.

  4. Watch Live: Bruins at Wild (8 p.m. ET)

    Dec 17, 2014, 7:20 PM EST

    David Krejci David Krejci

    Boston looks to snap a three-game skid.

  5. Bruins activate Krejci from IR

    Dec 17, 2014, 6:35 PM EST

    David Krejci David Krejci

    Has not played since Nov. 18.

  6. Ducks assign Gibson to Norfolk

    Dec 17, 2014, 6:20 PM EST

    Buffalo Sabres v Anaheim Ducks Buffalo Sabres v Anaheim Ducks

    Hasn’t played since suffering a groin injury Nov. 2.

  7. Preds’ Neal fined for diving

    Dec 17, 2014, 5:25 PM EST

    Florida Panthers v Nashville Predators Florida Panthers v Nashville Predators

    It’s the first time the league has made a fine public for embellishment.

  8. After surprising start, Flames sign Hartley to multi-year contract extension

    Dec 17, 2014, 4:53 PM EST

    Calgary Flames v Columbus Blue Jackets Calgary Flames v Columbus Blue Jackets

    Currently has Calgary in the thick of the Western Conference playoff chase.

  9. Rangers release Tallinder from AHL PTO

    Dec 17, 2014, 3:40 PM EST

    Henrik Tallinder Getty Images

    Veteran d-man no longer with the Hartford Wolf Pack.

  10. Robinson confirms he won’t be behind Sharks’ bench next season

    Dec 17, 2014, 3:02 PM EST

    San Jose Sharks v Phoenix Coyotes Getty Images

    Will instead serve in a “player development/consultant role,” and will work out of his Florida home.

  11. Henrik Sedin insists the Canucks are still feeling good about themselves

    Dec 17, 2014, 1:31 PM EST

    Daniel Sedin, Henrik Sedin AP

    Despite four straight losses and the memory of last season.

  12. Berra, buried: Avs to start Pickard for three-games-in-four-nights stretch

    Dec 17, 2014, 1:23 PM EST

    Winnipeg Jets v Colorado Avalanche Getty Images

    “In every game that he’s played, he hasn’t shown any signs of fatigue.”

  13. Six straight losses have Flames lamenting the turning of the tide

    Dec 17, 2014, 12:25 PM EST

    Karri Ramo AP

    “When we were winning games, it seemed those chances against would not go in.”

  14. Leafs waive Kozun

    Dec 17, 2014, 12:21 PM EST

    Calgary Flames v Toronto Maple Leafs Calgary Flames v Toronto Maple Leafs

    Preseason standout now up for grabs.

Featured video

Next steps for the Oilers after Eakins

Sign up for Fantasy hockey

Top 10 NHL Player Searches
  1. S. Crosby (4217)
  2. D. Krejci (3041)
  3. C. Crawford (2681)
  4. C. Kunitz (2291)
  5. J. Toews (2234)
  1. B. Bishop (2231)
  2. O. Palat (2004)
  3. C. Perry (1980)
  4. B. Elliott (1730)
  5. J. Boychuk (1595)