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Instant Analysis: Dion Phaneuf Becomes an Ottawa Senator

I'm still processing what happened this morning, but here are some thoughts.

In case you somehow missed it, Dion Phaneuf was traded as part of a nine-player deal to the Ottawa Senators. The Sens traded Jared Cowen, Colin Greening, Milan Michalek, Tobias Lindberg, and a 2017 2nd-round pick for Phaneuf, Matt Frattin, Casey Bailey, Ryan Rupert, and Cody Donaghey from the Toronto Maple Leafs.

Now there are a couple things I want to get clear here.