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Chris Phillips to re-sign with Ottawa

According to Bruce Garrioch, Chris Phillips has agreed to a 3-year deal worth approximately $9M, a cap hit of around $3M per season. That's a paycut of $500,000 a season. UPDATE: According to Bob McKenzie at TSN, the deal is worth $2.95M per year $9.25M total. It includes the Supersized Murray Special: a No-Movement Clause.

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