Leafs, Phaneuf nearing $49-million extension: sources
No-trade clause still needs to be worked out
The Toronto Maple Leafs are closing in on a contract extension with their defenceman and captain Dion Phaneuf, according to multiple sources.
The deal is believed to be worth $49 million US over seven years.
The two sides were working on the language of the contract regarding no-trade and no-movement clauses, a source told CBCSports.ca's Mike Brophy.
The 28-year-old blue-liner has been captain of the Leafs for the last four seasons.