The Detroit Red Wings, sooner or later, will have a decision regarding Gustav Nyquist's future.

He has one year remaining on his contract. Do they try to sign him to an extension, which likely would cost more than $5 million per season?

This team is trying to rebuild by stockpiling draft picks and moving in younger players. It would like to shed as much payroll as possible over the next couple of years. Signing a player who turns 29 on Sept. 1 to a lucrative deal could be counterproductive.

That's why the Red Wings are likely to try to move Nyquist before next year's trade deadline. A source confirmed the club will try to deal Nyquist or Tomas Tatar before this year's deadline (Feb. 26).

It's far from a sure thing, mainly because Nyquist has a no-trade clause, giving him control over where he goes, or even if he goes.

"That's for sure a bonus for me, that I'm able to make that decision, to have that power," Nyquist said.

Nyquist is second on the team with 15 goals and has 25 points in 54 games. But his contract could limit potential suitors, too. His cap hit is $4.75 million, but his actual salary for next season is $5.5 million.