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. Report: Further coaching hires expected for Sharks

    Jul 30, 2015, 10:27 PM EDT

    Peter DeBoer Getty Images

    Former NHL stars are among the list of likely candidates.

  2. Habs’ Galchenyuk inks two-year extension

    Jul 30, 2015, 7:52 PM EDT

    Alex Galchenyuk Getty Images

    The deal is reportedly worth $5.6 million.

  3. Flames prospect Kylington cleared to play in North America

    Jul 30, 2015, 7:11 PM EDT

    Oliver Kylington Getty Images

    At one point he was listed as the top European skater in the 2015 draft.

  4. Voracek turns monster season into massive eight-year deal

    Jul 30, 2015, 5:52 PM EDT

    Jakub Voracek Getty Images

    The Flyers also have forwards Claude Giroux and Sean Couturier locked up.

  5. Zubrus clears waivers, is ‘surprised’ by buyout

    Jul 30, 2015, 4:22 PM EDT

    Dainius Zubrus Getty Images

    The 37-year-old still wants to continue his career.

  6. Coyotes want long-term deal with Glendale

    Jul 30, 2015, 2:01 PM EDT

    PNI Coyotes Deal 0611 PNI Coyotes Deal 0611

    “Nobody benefits from a short-term deal like this, in particular, our hockey department.”

  7. Report: Canucks, Sutter closing in on five-year deal, north of $20M

    Jul 30, 2015, 1:15 PM EDT

    Pittsburgh Penguins v New York Rangers - Game One Getty Images

    Vancouver wasting little time locking up the target of Tuesday’s trade.

  8. Bruins in talks with veteran d-man Zidlicky

    Jul 30, 2015, 12:50 PM EDT

    Tampa Bay Lightning v Detroit Red Wings - Game Three Getty Images

    Boston could use some depth on its back end.

  9. Ex-NHLer Ling charged with battery, theft

    Jul 30, 2015, 10:50 AM EDT

    David Ling in action Getty Images

    Alleged incident involved a female victim.

  10. Jacobs feels firing Chiarelli was right move, cites cap management

    Jul 30, 2015, 9:00 AM EDT

    Jeremy Jacobs Getty Images

    The former general manager “wasn’t prepared to make the changes that needed to be made.”

  11. Former NHL forward Berezin arrested for alleged fraud

    Jul 29, 2015, 10:40 PM EDT

    Sergei Berezin Getty Images

    He played in 502 games, primarily with the Toronto Maple Leafs.

  12. Coyotes sign German League standout goalie Treutle

    Jul 29, 2015, 9:12 PM EDT

    Niklas Treutle Getty Images

    The 24-year-old gives agreed to an entry-level deal.

  13. Shero: Buying out Zubrus creates flexibility to add forward

    Jul 29, 2015, 6:27 PM EDT

    Dainius Zubrus Getty Images

    “It really wasn’t about Dainius himself.”

Top 10 NHL Player Searches
  1. D. Stepan (2625)
  2. B. Holtby (2085)
  3. G. Bettman (2077)
  4. A. Larsson (2016)
  5. A. Semin (1665)
  1. L. Couture (1590)
  2. J. Toews (1556)
  3. A. Chiasson (1435)
  4. M. Johansson (1339)
  5. C. Wilson (1199)