The Detroit Red Wings will potentially look to trade the negotiating rights of forward Valtteri Filppula at the 2013 NHL Draft, according to a report from Ansar Khan of MLive.com.
Khan writes that Detroit will look to move Filppula for a conditional draft pick in the event that the two sides can't bridge common ground on a contract extension. Filppula completed the final year of a five-year, $15 million contract that carried an annual average value of $3 million against the salary cap. Based upon previous reports, Filppula is seeking a long-term contract that carries an annual salary of $5 million per season.
Considering the declining nature of the salary cap, Detroit will be squeezed for cap room, making Filppula's future with the franchise seem like a relationship set to expire. In addition, the club is looking to retain forwards Damien Brunner and Daniel Cleary, which will require space under the upper limit of the cap.
In order to generate space, general manager Ken Holland will look to move contracts, according to Khan. Citing sources, he reports that forwards Jordin Tootoo and Cory Emmerton are available. Tootoo has two years remaining on a contract that carries $1.9 million against the cap annually, while Emmerton has one year remaining on a contract that accounts for $533,333 against the cap.
The team is also willing to use a compliance buyout, but apparently wants to explore the trade route before taking that course of action. The buyout period will open 48 hours after the deciding game of the Stanley Cup Final and will conclude on July 4 at 5 p.m. ET.