Dion Phaneuf signs seven-year contract extension worth $49M
The financial details of Dion Phaneuf's contract extension with the Toronto Maple Leafs have been released, and, as expected, he'll make $49-million over the course of the seven-year term.
Dion Phaneuf's #leafs extension breaks down like so: $8M, $8M, $7.5M, $7M, $6.5M, $6.5M and $5.5M.
— Chris Johnston (@reporterchris) December 31, 2013
The deal also includes a limited no-trade clause.
Phaneuf extension includes modified no-trade clause beginning in year 1 of extension. He has no protection until extension kicks in...
— Darren Dreger (@DarrenDreger) December 31, 2013
One of main stumbling blocks in Phaneuf negotiation was determining # of teams on acceptable trade list. It's more than 10.
— Darren Dreger (@DarrenDreger) December 31, 2013