Detroit Red Wings Salary Cap: Breakdown and Cap Space Analysis

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

FORWARDS2024-252025-262026-272027-282028-292029-30TERMSPOSAGE
Larkin, Dylan "C"$8,700,000$8,700,000$8,700,000$8,700,000$8,700,000$8,700,000NTCC27
DeBrincat, Alex$7,875,000$7,875,000$7,875,000UFAM-NTCLW, RW26
Copp, Andrew$5,625,000$5,625,000$5,625,000UFAM-NTCC, LW, RW29
Compher, J.T.$5,100,000$5,100,000$5,100,000$5,100,000UFAM-NTCC, RW29
Fabbri, Robby$4,000,000UFALW28
Rasmussen, Michael$3,200,000$3,200,000$3,200,000$3,200,000UFALW, C25
Raymond, LucasRFARW, LW22
Veleno, JosephRFAC24
Fischer, ChristianUFARW, LW27
Kane, PatrickUFARW35
Perron, DavidUFARW, LW36
Sprong, DanielUFARW, LW27
TOTAL$34,500,000$30,500,000$30,500,000$17,000,000$8,700,000$8,700,00027.9
DEFENSE2024-252025-262026-272027-282028-292029-30TERMSPOSAGE
Chiarot, Ben$4,750,000$4,750,000UFAM-NTCLD/RD33
Holl, Justin$3,400,000$3,400,000UFAM-NTCRD32
Määttä, Olli$3,000,000UFALD29
Petry, Jeff$2,343,750UFARSM-NTC, NMCRD36
Seider, MoritzRFARD23
Gostisbehere, ShayneUFALD/RD31
TOTAL$13,493,750$8,150,00030.7
GOALIES2024-252025-262026-272027-282028-292029-30TERMSPOSAGE
Husso, Ville$4,750,000UFAM-NTCG29
Lyon, Alex$900,000UFAG31
Reimer, JamesUFAG36
TOTAL$5,650,00032
DEAD CAP
BUYOUT HISTORY (2)2024-252025-262026-272027-282028-292029-30
Abdelkader, Justin$1,055,556$1,055,556
Yamamoto, Kailer$533,334
TOTAL$1,588,890$1,055,556
ROSTER & BURIED CAP HIT$53,643,750$38,650,000$30,500,000$17,000,000$8,700,000$8,700,000
DEAD CAP HIT$1,588,890$1,055,556----
CARRYOVER BONUS OVERAGES------
PROJECTED CAP HIT$55,232,640$39,705,556$30,500,000$17,000,000$8,700,000$8,700,000
SALARY CAP$88,000,000$92,000,000$92,000,000$92,000,000$92,000,000$92,000,000
PROJECTED CAP SPACE$32,767,360$52,294,444$61,500,000$75,000,000$83,300,000$83,300,000
CURRENT CAP SPACE$32,767,360-----

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