The Detroit Red Wings have officially revealed the fate of GM Ken Holland

Wow! Is that the right call?

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The Detroit Red Wings have officially revealed the fate of general manager Ken Holland, who was in the last year of his contract.

The team has announced on its Twitter account that Holland has signed a new two-year contract with the organization.

"Governor Christopher Ilitch announces that executive vice president and general manager Ken Holland has been signed to a two-year contract extension."

Here are some of the reactions we could find on Twitter. It certainly looks like the fans aren't happy about Holland staying in Detroit for two more years:

"Oh the guy who can't manage a salary cap? Great."

"I'm done"

"Love Kenny and all he did, but it’s been a tough few years. All those long term contracts were brutal to Abdelkader, DeKeyser, Helm, etc."

Earlier this season, Holland said he was unhappy about how his team has been playing. He told TSN insider Bob McKenzie that he did not rule out making franchise-altering moves if he deems it necessary:

What we’re trying to do here is we’re trying to stay competitive,” maintained the GM. “We’re trying to compete for a playoff spot. Trying to get in, like I said here earlier in the conversation, trying to have games in March that are meaningful. But if this team is not able to it, then we’ll slowly work at turning the roster."

Turning the roster. Interesting. But with huge contracts like Henrik Zetterberg's (roughly $6,1 million per year until 2021), Darren Helm's ($3,85 million until 2021) and Justin Abdelkader's ($4,25 million until 2023), this isn't going to be an easy task. Holland will still have at least 24 more months to turn the Wings into a competitive team once again.

The Red Wings currently have a record of 30 wins, 39 losses and 13 overtime losses, good for 72 points. They are currently ranked 27th in the National Hockey League. They are going to miss the playoffs for the second season in a row... and only the second time since the 1989-90 season. 

This is the proof that Holland was able to build a great team that was able to compete year after year. Now, we'll have to wait and see what happens over the next few months.

What do you think about the team's decision?