From Red Wings reporter Ansar Khan of MLive:
That, apparently, is no longer the case.
Phaneuf, 30, is signed through 2020-21 for a cap hit of $7 million. Like with Phil Kessel, any team that’s interested in acquiring the Leafs’ captain will likely ask that Toronto retains salary in the deal. Doesn’t mean the Leafs will agree to that, but based on what was reported, that may ultimately have been a deal-breaker for the Wings.