The Red Wings have roughly $5.8 million in cap space, giving them the flexibility to make a few moves.
"I think we can compete and I like our cap space," general manager Ken Holland said.
"If, after 60 games, we get to the (trade) deadline and are in a playoff position, we can make a deal. We haven't had that (cap space) the last couple of years."
Red Wings Have Money To Make Moves