The Detroit Red Wings, one of the NHL’s Original Six franchises, are in an exciting phase of rebuilding. With a mix of young stars and savvy veterans, the Red Wings are looking to make a splash in the coming seasons. But to do that, they’ll need to navigate the NHL’s salary cap with precision. Let’s dive into the details of the Detroit Red Wings salary cap and their available cap space.
Detroit Red Wings Salary Cap Breakdown
The NHL salary cap sets a limit on how much teams can spend on player salaries each season. Understanding the Red Wings’ salary commitments is key to grasping their financial flexibility. Resources like CapFriendly offer an in-depth look at the Detroit Red Wings’ cap situation, including:
- Individual Player Contracts: See breakdowns of each player’s salary, cap hit, contract length, and potential bonuses.
- Red Wings Payroll: Get a big-picture view of how much the Wings are spending on forwards, defensemen, and goaltenders.
- Red Wings Cap Space: This crucial figure represents how much money the Red Wings have available to sign new players, make trades, or re-sign their own free agents.
Factors Affecting the Red Wings Cap Space
The Red Wings’ cap space isn’t a static number. Here’s what can change it:
- Trades: Acquiring players often means taking on additional salary, while trading players away can free up cap space.
- Injuries: If players are placed on long-term injured reserve (LTIR), their cap hit may not count against the cap, providing temporary relief.
- Buyouts: Buying out a player’s contract creates a cap penalty, but it can also open up long-term cap space.
Smart Cap Management is Key for the Red Wings
General Manager Steve Yzerman is known for his shrewd financial management. The Red Wings will need to balance short-term competitiveness with long-term sustainability. This means making smart decisions on free agent signings, utilizing contract structures to their advantage, and potentially exploring creative trades.
Staying Updated with the Detroit Red Wings
Want the latest on the Detroit Red Wings salary cap, potential trades, and their upcoming schedule? Our website is your go-to resource. We provide regular updates on the Red Wings cap situation, breaking NHL trade rumors, and their complete Red Wings TV schedule so you never miss a game.
Detroit Red Wings Salary Cap | Red Wings Cap Space
| FORWARDS | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | TERMS | POS | AGE |
|---|---|---|---|---|---|---|---|---|---|
| Larkin, Dylan "C" | $8,700,000 | $8,700,000 | $8,700,000 | $8,700,000 | $8,700,000 | $8,700,000 | NTC | C | 26 |
| DeBrincat, Alex | $7,875,000 | $7,875,000 | $7,875,000 | $7,875,000 | UFA | LW, RW | 25 | ||
| Copp, Andrew | $5,625,000 | $5,625,000 | $5,625,000 | $5,625,000 | UFA | M-NTC | C, LW, RW | 29 | |
| Compher, J.T. | $5,100,000 | $5,100,000 | $5,100,000 | $5,100,000 | $5,100,000 | UFA | M-NTC | C, RW | 28 |
| Perron, David | $4,750,000 | UFA | M-NTC | RW, LW | 35 | ||||
| Fabbri, Robby | $4,000,000 | $4,000,000 | UFA | LW, C | 27 | ||||
| Kostin, Klim | $2,000,000 | $2,000,000 | RFA | LW, RW | 24 | ||||
| Sprong, Daniel | $2,000,000 | UFA | RW, LW | 26 | |||||
| Fischer, Christian | $1,125,000 | UFA | RW, LW | 26 | |||||
| Berggren, Jonatan | $925,000 | RFA | ELCÂ | RW, LW | 22 | ||||
| Raymond, Lucas | $925,000 | RFA | ELCÂ | RW, LW | 21 | ||||
| Veleno, Joseph | RFA | C | 23 | ||||||
| TOTAL | $43,025,000 | $33,300,000 | $27,300,000 | $27,300,000 | $13,800,000 | $8,700,000 | 26 | ||
| DEFENSE | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | TERMS | POS | AGE |
| Chiarot, Ben | $4,750,000 | $4,750,000 | $4,750,000 | UFA | M-NTC | LD/RD | 32 | ||
| Gostisbehere, Shayne | $4,125,000 | UFA | M-NTC | LD/RD | 30 | ||||
| Holl, Justin | $3,400,000 | $3,400,000 | $3,400,000 | UFA | M-NTC | RD | 31 | ||
| Walman, Jake | $3,400,000 | $3,400,000 | $3,400,000 | UFA | M-NTC | LD | 27 | ||
| Määttä, Olli | $3,000,000 | $3,000,000 | UFA | LD | 28 | ||||
| Lindström, Gustav | $950,000 | RFA | RD | 24 | |||||
| Seider, Moritz | $863,333 | RFA | ELC | RD | 22 | ||||
| TOTAL | $20,488,333 | $14,550,000 | $11,550,000 | 27.7 | |||||
| GOALIES | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | TERMS | POS | AGE |
| Husso, Ville | $4,750,000 | $4,750,000 | UFA | M-NTC | G | 28 | |||
| Reimer, James | $1,500,000 | UFA | 35+M-NTC | G | 35 | ||||
| TOTAL | $6,250,000 | $4,750,000 | 31.5 | ||||||
| INJURED RESERVE (1 - $1,460,000) | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | TERMS | POS | AGE |
| Rasmussen, Michael | $1,460,000 | RFA | C, LW | 24 | |||||
| TOTAL | $1,460,000 | 24 | |||||||
| DEAD CAP | |||||||||
| RETAINED SALARY (1) | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | |||
| Vrána, Jakub | $2,625,000 | ||||||||
| TOTAL | $2,625,000 | ||||||||
| BUYOUT HISTORY (2) | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | . | ||
| Abdelkader, Justin | $1,055,556 | $1,055,556 | $1,055,556 | ||||||
| Yamamoto, Kailer | $433,334 | $533,334 | |||||||
| TOTAL | $1,488,890 | $1,588,890 | $1,055,556 | ||||||
| ROSTER & BURIED CAP HITÂ | $71,223,333 | $52,600,000 | $38,850,000 | $27,300,000 | $13,800,000 | $8,700,000 | |||
| DEAD CAP HITÂ | $4,113,890 | $1,588,890 | $1,055,556 | - | - | - | |||
| CARRYOVER BONUS OVERAGESÂ | - | - | - | - | - | - | |||
| PROJECTED CAP HITÂ | $75,337,223 | $54,188,890 | $39,905,556 | $27,300,000 | $13,800,000 | $8,700,000 | |||
| SALARY CAPÂ | $83,500,000 | $87,500,000 | $92,000,000 | $92,000,000 | $92,000,000 | $92,000,000 | |||
| PROJECTED CAP SPACEÂ | $8,162,777 | $33,311,110 | $52,094,444 | $64,700,000 | $78,200,000 | $83,300,000 | |||
| CURRENT CAP SPACEÂ | $8,162,777 | - | - | - | - | - |