Aug 14, 2014, 11:57 AM EDT
The Detroit Red Wings have given general manager Ken Holland a new four-year contract that runs through the 2017-18 season.
“Ken is regarded as one of the premier executives in the National Hockey League and has been instrumental in the success of the Red Wings over the last two decades,” Red Wings owner Mike Ilitch said in a statement. “Marian and I are extremely pleased that he will continue to lead our hockey club over the next four years. We feel strongly that stability is key to the success of any organization and having this new agreement in place with Ken is important to the organization and its future.”
Holland, meanwhile, told the Detroit Free Press that it’s “nice to know that ownership has confidence in me to continue to lead going forward.”
He also told the paper he plans to “sit down and talk” in September with head coach Mike Babcock, who’s entering the final year of his contract and has not said decisively whether he plans to remain in the position past 2014-15.
Holland became the Red Wings’ general manager in 1997 and has since become one of the most respected executives in NHL history. Detroit has yet to miss the playoffs since he took the job, and the club continues to draft and develop prospects well.
That said, Holland has faced increasing criticism over the past few seasons, as the Wings have failed to make a deep playoff run and high-profile free agents have either chosen to sign elsewhere or, in the case of Stephen Weiss, disappointed. So far this offseason, Holland has failed to land a top-four, right-shooting defenseman, something that Babcock has been pushing for.
Jun 29, 2015, 10:55 PM EDT
He played with four different NHL teams last season.
Jun 29, 2015, 10:31 PM EDT
It’s not all about the Zac Rinaldo trade, although that certainly didn’t help.
Jun 29, 2015, 9:29 PM EDT
He establish himself with the team after years of work primarily in the AHL.
Jun 29, 2015, 8:26 PM EDT
San Jose still has an opening on its blueline.
Jun 29, 2015, 8:00 PM EDT
He’ll start the season as Vancouver’s backup goaltender.
Jun 29, 2015, 7:40 PM EDT
They are now set to become unrestricted free agents.
Jun 29, 2015, 6:43 PM EDT
He’ll reportedly earn $1 million next season.
Jun 29, 2015, 6:40 PM EDT
Toronto, Calgary and Pittsburgh are amongst the teams, which have reached out.
Jun 29, 2015, 5:54 PM EDT
The payment will be made on Wednesday.
Jun 29, 2015, 5:13 PM EDT
Bill Hay and Peter Karmanos Jr. are also going in as builders.
Jun 29, 2015, 4:27 PM EDT
Also inside is information about the potential cap recapture situation the Kings might be stuck with.
Jun 29, 2015, 3:53 PM EDT
Jun 29, 2015, 3:25 PM EDT
Processing Monday’s surprising termination.
Jun 29, 2015, 2:45 PM EDT
Could make about a $15 million difference …
Jun 29, 2015, 2:05 PM EDT
The 24-year-old’s three-year, $2.7 million deal is set to expire on Wednesday.
Jun 29, 2015, 2:00 PM EDT
If accurate, that’s $10.4M between Niemi and Kari Lehtonen.
Jun 29, 2015, 1:40 PM EDT
The 24-year-old was a pending restricted free agent.
Jun 29, 2015, 1:27 PM EDT
Get your dog puns ready.
Jun 29, 2015, 1:08 PM EDT
He should draw plenty of free agent interest.
Jun 29, 2015, 12:40 PM EDT
Both players can be bought out on Tuesday, if they clear.
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