This is from Sportsnet.ca:
A trade to send Leafs defenceman Bryan McCabe to Florida, first reported by Sportsnet, should be announced on Tuesday. The Leafs are expected to get defenceman Mike Van Ryn from the Panthers in return.
McCabe, who has a no-movement clause in his contract, has agreed to waive the condition in order for the trade to be completed. The deal is a major step in Leafs GM Cliff Fletcher’s wish to remake the under-performing team’s roster.
Fletcher originally tried to deal McCabe, along with several other Leafs veterans, at the February trade deadline shortly after Fletcher was hired to replace the fired John Ferguson Jr. But McCabe, along with captain Mats Sundin, Darcy Tucker, Thomas Kaberle and Pavel Kubina, all refused to waive their no-trade clauses.
Tucker was bought out by the club in June and subsequently signed with Colorado while Sundin opted for free agency once his contract runs out and remains undecided on whether he will even play this season. Kaberle and Kubina remain with the Leafs. The Leafs missed the playoffs for the third consecutive season in 2007-08.
McCabe spent seven seasons with the Leafs, scoring 83 goals and 214 assists. In June 2006 he signed a five-year, $28.5 million deal that also included the no-movement clause.
Van Ryn, 29, was a first-round pick of the New Jersey Devils in 1998 and has played the past four seasons with the Panthers.
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