Phaneuf not expected to waive no-move clause, would have to be protected

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It was reported on Monday that the Ottawa Senators had asked veteran defenseman Dion Phaneuf to waive his no-movement clause so he could be exposed to the Vegas Golden Knights in the upcoming expansion draft.

On Tuesday, TSN’s Bob McKenzie reported that Phaneuf is not expected to waive it.

That would mean the Senators would be required to protect him, taking up a valuable spot on their protected list. The 32-year-old Phaneuf still has four years remaining on a contract that counts $7 million against the salary cap each year.

He appeared in 81 games for the Senators this season, scoring nine goals and adding 21 assists. He also had a pretty strong postseason performance that included a game-winning overtime goal and some flashes of the dominating physical player that he was earlier in his career. The Senators will already be protecting Erik Karlsson which means they will have some decisions to make when it comes to their blue line.

With the Senators unable to leave Phaneuf unprotected, it puts them at risk of losing another defenseman such as Marc Methot, Mark Borowiecki or Cody Ceci to the NHL’s newest team.