Looks like Jay Bouwmeester is now firmly cemented as the Calgary Flames' franchise defenseman.
Toronto has sent Matt Stajan, Niklas Hagman, Ian White, and Jamal Mayers to Calgary in exchange for Dion Phaneuf, Keith Aulie, and Fredrik Sjostrom in a trade of gigantic proportions.
Maple Leafs GM Brian Burke announced the deal in a press conference late this morning.
Reports are flying about a second deal involving Toronto and the Ducks, which would send Jean-Sebastien Giguere and a (possible first-round) pick or prospect to the Leafs for Vesa Toskala, which has not yet been confirmed. Forward Jason Blake's name has also been mentioned as a potential piece.
The Panthers host Anaheim Monday and the new-look Flames on Friday.
UPDATE: Giguere to Toronto for Toskala and Blake. Finis.