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Breaking: 3 teams are reportedly known to be on Dion Phaneuf's trade list.

Insiders believe a deal is imminent.

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A Deal Is Imminent as Reported by Insiders

There are some big rumors regarding Dion Phaneuf and his time with the Ottawa Senators. According to many reports from different insiders, it’s a well-known fact that Phaneuf has been asked. However it appears that Phaneuf has not yet made a decision on whether or not he will be waiving. There is a limited window on this decision from Phaneuf, as the deadline is Friday by 4:00 pm.

TSN’s insider Pierre LeBrun added earlier today that a deal could be imminent as he gave his 12-team trade list. 

Among that list, 3 teams are reportedly known: The Montreal Canadiens, The Edmonton Oilers and the L.A. Kings appears to be a possible destination for Phaneuf.

Darren Dreger added that as expected, one of those 3 says they can't make it work without Ottawa eating salary and taking a contract back. 

Also to keep in mind, doesn't mean those teams are interested or not in Phaneuf's services.