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The LA Kings and former Flames, Leafs, and Senators defenseman Dion Phaneuf are parting ways. Kings VP and GM Rob Blake announced Saturday that the team is buying out the 34-year-old blue-liner, who had two years and $8.5 million in base salary remaining on a seven-year deal he signed with Toronto 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.
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