- Dion Phaneuf has been bought out by the Kings.
- The Los Angeles Kings bought out the final two years of defenceman Dion Phaneuf’s contract on Saturday, making him a free agent.
- Phaneuf had two seasons remaining on the seven-year, $49-million deal he signed with the Toronto Maple Leafs in 2013.
- Because of a trade between the Kings and Senators in 2018 that resulted in the latter retaining salary, Ottawa will be on the hook for 25 percent of the buyout cap hit, according to Cap Friendly.
- Phaneuf appeared in 93 games with the Kings over the past two campaigns, posting four goals and 16 points.
- He appeared in his 1,000th NHL game this past season and spent the majority of his career in Calgary and Toronto after being drafted by the Flames ninth overall in 2003.
- Phaneuf, 34, is a three-time All-Star who surpassed the 1,000-game milestone last season. He has 494 career points (137 goals, 357 assists) in 1,048 contests to go along with 55 career playoff games.
#LAKings have bought out the final 2 years of Dion Phaneuf’s contract.
As a result of the Retained Salary trade between the Kings & Sens on Feb 14, 2018 involving Phaneuf, the cap hit resulting from his buyout will be split between LA (75%) and OTT (25%)https://t.co/u0YNYgG1Qy pic.twitter.com/golsF8VigN
— CapFriendly (@CapFriendly) June 15, 2019