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Ottawa's trade for Dion Phaneuf is exactly the trade Ron Hextall would not make

Ottawa traded for a big-name, big-money player in hopes of winning in the short-term. The Flyers of five years ago would have done that, but not anymore.

The Ottawa Senators made a gigantic trade today, acquiring defenseman Dion Phaneuf (and the six years and $42 million remaining on his contract) from the Toronto Maple Leafs in a whopping nine-player trade.

I had three immediate reactions to this deal.

"Hey, Toronto just ditched a huge salary. Good for them."

Here's what the Leafs got:

  • D Jared Cowen (age 25, $3.