The Wings have openly acknowledged their need for a goal-scoring winger and/or a gritty third- or fourth-line forward and, for the first time since the lockout, the team is $5.7 million under the salary cap.

Although Holland is more likely to add a complementary piece than a star player, it remains to be seen what he is willing to give up. He would reportedly prefer to move draft picks, middling prospects and/or fringe players rather then relinquishing a core player or a top prospect.

"There's the odd trade at the deadline that changes the balance of power, but at the end of the day, when I look at the Vancouver Canucks last year, they made some real nice trades at the deadline that gave them some depth, brought them some grit and were important players," Holland added. "Boston made two or three trades as well. They weren't the big names, they were guys that were the perfect fit."

The Wings are believed to have interest in forwards Tuomo Ruutu of the Carolina Hurricanes and Ales Hemsky of the Edmonton Oilers, who could both benefit from a change of scenery.

Holland could also have attempted to acquire either one of Anaheim Ducks' stars in Corey Perry, Ryan Getzlaf or Bobby Ryan.

However, Ducks GM Bob Murray would want established players in return, not picks and prospects, and the price would be too steep for the Wings. But if Ducks veteran Teemu Selanne agreed to waive his no-movement clause to end his career with a Stanley Cup contender, the Red Wings might be interested.

As for high-priced impending free agents forward Zach Parise of the New Jersey Devils and defenseman Ryan Suter of the Nashville Predators, Holland seems more apt to chase them this summer through free agency.

More Trade Deadline Info 
List of Trades | No-Trade/No-Movement Clauses | Top 25 Available Players | Team-by-Team Cap Info