In this day and age, you have to spend cap dollars wisely. Phaneuf is a pretty good defenceman, but it may be time to cut bait with him rather than invest long term for huge dollars. He is not worth 7M long term.
With all the great young D we have coming, we need to make room for them. He doesn't carry the puck very well anymore, often coasting up ice and telegraphing his pass really obviously. We have better PP options. He's often intimidated by tough players and will play them soft. He has defensive brain farts too often. Is he a good leader? Rumours for years that he is not. His big open ice hits are few and far between. He won't take a lesser contract so is he worth the huge investment? With our D depth coming up, I don't think so. If the Leafs don't take another step this year something has to give and it could be Dion.
Do Gardiner and Rielly deserve top end minutes? Yes they will, and they should get them with defensive partners. Dion is not that, never has been. They'll both be better PP and PMD. We have better defenceman for the front of the net. While he's decent, he's simply not worth the cash and D is the one spot where we have big time depth coming up with high ceiling guys who should get the big minutes.