The Los Angeles Kings have agreed to acquire veteran defenseman Dion Phaneuf in a four-player trade Tuesday night with the Ottawa Senators, according to multiple reports.
The Kings also get forward Nate Thompson in the deal, with veteran winger Marian Gaborik and center Nick Shore moving back to the Senators.
The Senators reportedly will pay 25 percent of Phaneuf's remaining salary, which comes with a cap hit of $7 million annually through 2020-21. His contract includes a modified no-trade clause, so Phaneuf apparently had no issues heading to LA.