Fri Nov 28, 2008 1:00 pm EST
At 14-3-4 and with the ability to ice an all-star team on any given hockey night, the Detroit Red Wings probably aren't close to earning your sympathy. That whole "defending Stanley Cup champions" thing doesn't help, either.

But they are in a bit of a financial pickle come next summer, with five key players heading to free agency. Dave Dye of The Detroit News pestered GM Ken Holland about this, and discovered that the Wings know their limitations:
The unstable economy is making long-range plans more complicated in the NHL's salary-cap system. The Red Wings are greatly affected by this because they've got four players -- Henrik Zetterberg, Marian Hossa, Johan Franzen and Mikael Samuelsson -- eligible to be unrestricted free agents next summer and another, Jiri Hudler, who can be a restricted free agent.
General manager Ken Holland thinks he can, realistically, sign only two of the top three (Zetterberg, Hossa, Franzen) because of cap limitations. "It's a guessing game from both sides (club and player)," Holland said. "You can do a deal and find out three years from now the cap has taken a big hike or you can find out three years from now the cap's taken a big decrease."
Here's how Dave Pagnotta of The Fourth Period sees things shaking out:
There isn't enough money to go around anymore, so that means one or two guys have to go. Zetterberg will get his contract done, as will Hudler. The Red Wings have to decide which direction they'd like to take. Do they try to sign Hossa to a long-term deal? If so, will he accept the same dollar figures on a long-term contract? Or, do the Wings use that cash to keep Franzen, and possible Samuelsson? It's a very tough decision. Many may argue that you sign the best player available, and that's Hossa. But, if Hossa demands $8M-$9M per year, the Wings might not even be able to match that because of a team-imposed player cap, where a salary cannot be higher than that of captain Nicklas Lidstrom's. Does Lidstrom care that much? Who knows. I'm just glad I'm not in Ken Holland's shoes right now.
Zetterberg will obviously stay in Detroit -- he's priority No. 1, and contract talks were heating up this month. If the Wings are willing to live with his fragility, Franzen is a must-sign, especially with Tomas Holmstrom headed for his 36th birthday. Mikael Samuelsson ... tough call, and completely contingent on the money rather than the years.
Hossa's the X-Factor. The one-year deal would seem to signify his re-entering the free-agent pool next summer. The Wings have been adamant about inking him to a long-term deal. Is he worth it? Would he stay? If not, would Edmonton come calling again? Do we even dare mention Pittsburgh as a suitor?
Nothing like hot stove the day after Thanksgiving ...
Puck Daddy is an NHL blog edited by Greg Wyshynski. Email him, and follow him on Twitter.

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50 Comments
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They have to start letting some of the older fellas (like Holmstrom etc) go. Remember what the Candiens used to do when they traded their aging stars for high draft picks and prospects while they still had value? Thats what the Wings gotta do
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All these guys then could make a tonne of cash as multi-Stanley Cup champions in endorsements, etc.
Remember Glenn Anderson? The only reason we do is he was part of a dynasty - if he played anywhere else, he would have no respect...
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I've been amazed at how well Hossa has played this year. He's frequently the most active player on the ice on both ends. If he's willing to take about what he's making now, I would rather have him than Franzen and Samuelson. If he's going to need 9m a year, though, it goes the other way. I have to imagine Holland feels pretty much the same way.
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The smart move would be to lock up Zetterberg, Franzen, and Hudler. Lowball Samuelson with a take it or leave it offer. Let Hossa walk.
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DETROIT RED WINGS HOCKEY IS MORE THAN A DYNASTY BIGGER THAN A LEGACY!!
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Hossa should be the last to get an offer. DET won the cup w/o Hossa he isn't a core piece. They should ask him do you like winning, because LA has the cap space if you don't.
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sienna miller called and wants her jokes back.
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are you one of the sorry fans of the "birds that cant get themselves off the ground?" awww sawie!!
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Besides, worst comes to worst, Holland can just go to Sweden for two weeks and come back with some meatball no one's heard of and turn him into a 60 point guy.
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Detroit and Pittsburgh are both AWFUL second class cities don't fight.
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