Why would Toronto trade Phaneuf?
Well, the 28-year-old has only one year left on his contract before he's eligible for unrestricted free-agent status.
Phaneuf's contract has a $6.5 million cap hit, per
CapGeek, and it's unlikely that his next deal will have a smaller cap hit when there are so many teams in need of a top-pairing defenseman. On the open market, he would likely be a $7 million per-year player as a top-tier defenseman in his prime.
Re-signing Phaneuf to a long-term deal worth $6.5 million or more per season doesn't make sense for Toronto when you take into account the team's stable of quality young defensemen, the number of Leafs who need new contracts in the near future and the fact that he's not someone who deserves No. 1 defenseman money.
Despite his ability to excel offensively with a powerful shot from the point and good puck-moving skills, Phaneuf is often a liability in his own end.
For starters, he's turnover prone. He led all NHL players with 53 giveaways last season and too many times he goes after the big hit instead of being properly positioned and making the responsible defensive play.
A good example of this happened on the game-winning goal in Game 4 of the Leafs' first-round series vs. Boston last year.