That kind of space allows for more trades to be made if teams are willing to make them with the Wings.
"For the Red Wings, we are in a position, we do have cap space, we can use it," Yzerman said. "I hope to use it wisely but one way we could like to try to use it is to acquire future assets should any teams be in a position where they really have to move contracts and don't have any other options. Nobody wants to give up picks or prospects, but sometimes you have to do what you have to do to make your team better. We're trying to, I don't want to say take advantage of that, but we're trying to find teams that are in a position and need to do that. We're trying to add picks or prospects and at the same time ice a team."
Yzerman was also asked about the Tampa Bay Lightning, who lead the Dallas Stars, 3-1 in the Stanley Cup Final, about the possibility of his former team winning the championship.
"I definitely will watch," Yzerman said about Game 5. "I'm not sure if it's satisfaction, but I would be really happy for the organization - (owner) Jeff Vinik, (general manager) Julian Brisebois, the players, the coaching staff, and that community. It's a really, a great little hockey market, really cool community, and they've really embraced the Lightning so I think it would be fantastic. I have great friends and a lot of the players, got to know them well and they've worked hard and have built up towards a championship so yes, I will watch and I really hope for them and would be thrilled.
"Down in Dallas, on the other side, we have (former Wings assistant general manager and current Stars GM) Jim Nill, Rick Bowness, he was one of our coaches in Tampa, it would be wonderful for them to win as well. But being so close to the Tampa franchise, I think it would be wonderful and I'd be thrilled for them to win."