Danny DeKeyser Files For Salary Arbitration
AHL netminder Jared Coreau and Danny DeKeyser are the Red Wings in question.
Shortly after that announcement Coreau was signed to a two-year deal worth $1.225 million.
DeKeyser on the other hand is due a bigger payday and his filing for arbitration now puts a clock on his negotiations if Ken Holland wants to avoid arbitration.
DeKeyser will get a date sometime in late July or early August, his camp and the Red Wings can negotiate up until that day. If no deal is reached the two parties make their case on salary level to a third party arbitrator and they offer an "Award" relating to the amount the player is worth.
From there the Red Wings can either honor that amount and can sign the player to a contract reflecting that, or they can walk away from the deal and the player becomes an unrestricted free agent.
It's worth noting the last time the Red wings actually went into an arbitration hearing with a player was 2009 with Jiri Hudler. The team honored a 2-year deal at the price of $2.875 million.
After the free agent frenzy of July 1st the Red Wings find themselves with about $4 million in cap space, though this does not include possible LTIR moves (like Johan Franzen and Joe Vitale's contracts) that would allow the Red Wings to exceed the salary cap.
It's worth noting Petr Mrazek and Teemu Pulkkinen did not file for salary arbitration. Those two are the other remaining restricted free agents Detroit has rights to.