Trade deadline season has been fairly quiet thus far and you can place some blame on the expansion draft for that.
Teams are looking into whom they want to protect, whom they want to expose, and possible negotiations with Vegas once they're permitted to do so.
In the case of the Ottawa Senators, they have a considerable amount of players they would want to protect, but veteran defenseman Dion Phaneuf may not be one of them.
Phaneuf has a $7 million cap hit with four seasons remaining on his contract, and modified no-trade clause, no-movement clause.
According to Don Brennan of the Ottawa Sun, the Senators may ask Phaneuf to do them a favor.
"It's widely believed the Senators will protect Cody Ceci and Marc Methot along with Erik Karlsson, and ask Dion Phaneuf to waive his no-move with the thinking [the Vegas Golden Knights] won't touch the latter's hefty contract," Brennan wrote.
The issue is not that they want to expose him so that Vegas can take him off their hands, as his cap hit is too big to assume the Golden Knights will select him in June's expansion draft.
Sens GM Pierre Dorion wants Phaneuf to waive his MNC simply because he does not want to have to protect him, and risk losing one of his younger blueliners. It's a risky move, but there could be discussions and negotiations going on with Vegas and perhaps possible draft picks sent the Golden Knights' way in exchange for not taking Phaneuf in the expansion draft.