At first glance, Detroit’s current financial situation isn’t good. Petr Mrazek’s recent two-year, $8 million extension pushed the payroll to nearly $78 million, well over the $73M ceiling for next season.
But there is a catch.
“Certainly we have no expectations that [Johan] Franzen and [Joe] Vitale are playing hockey this year,” GM Ken Holland said Wednesday, per MLive. “I talked to Vitale after we traded (for) him. He’s having on-going issues with concussion.
“He certainly not expecting to be in camp. I’m not expecting to see Johan Franzen on the ice.”
Vitale, acquired from Arizona as part of the Pavel Datsyuk deal at the draft, carries at $1.16 million cap hit. Franzen, who played in just two games last year while dealing with concussion issues of his own, carries a $3.95M hit.
Putting those two on long-term injured reserve would almost get Detroit right back into cap compliance. Holland can also exercise a similar option with Teemu Pulkkinen, who underwent shoulder surgery this offseason (and makes $812,500).
Thing is, cap compliance isn’t all Holland wants to accomplish.
Though he re-signed Danny DeKeyser to a big six-year, $30 million contract earlier this week, Holland still wants to add to his blue line. The Wings have a surplus of forwards, and Holland has said he’d “love to get a top-three defenseman” prior to the start of next season.
A top-three defenseman will undoubtedly cost a fair bit of money. Which means a fair bit of money would need to go the other way in return.
Detroit has reportedly spoken to Anaheim about acquiring Cam Fowler. Fowler, 24, would be a good fit — he’s got a very reasonable contract ($4 million annually through 2018), the type of money the Wings could bring aboard if they were to part with the likes of, say, Gustav Nyquist ($4.75 million through 2019).
The catch, of course, is that the asking price for defensemen is sky high. It cost the Oilers Taylor Hall to get Adam Larsson out of New Jersey, and there are teams like Boston — still desperately searching for a “transitional” defenseman — that have publicly stated the acquisition cost is steep.
So while Detroit might not be worried about its cap situation for next season, it has to be concerned about having what it takes to upgrade the defense.