Earlier today there was speculation that Dion Phaneuf was yet again on the trading block.
Then TSN's Bob McKenzie announced the Senators were in on talks.
Details sketchy, no confirmation, but sounds like OTT/TOR working on a trade involving Leaf captain Dion Phaneuf. Let's see where this goes.— Bob McKenzie (@TSNBobMcKenzie) February 9, 2016
Five minutes later, the Senators broke the news.
TRADE: The #Sens acquire defenceman Dion Phaneuf from Toronto in nine-player trade— Ottawa Senators (@Senators) February 9, 2016
The full details of the trade are as follows.
#Sens get Phaneuf, Frattin, Bailey, Rupert and Donaghey in exchange for Cowen, Greening, Michalek, Lindberg and 2nd-rounder in 2017.— Ottawa Senators (@Senators) February 9, 2016
One additional note: no salary will be retained by either team over the trade’s entirety.— Ottawa Senators (@Senators) February 9, 2016