Shane Doan Rumors: Red Wings Out Of Running Due To High Asking Price?

According to a report, the Red Wings appear to be out of the Shane Doan sweepstakes due to a high asking price.

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Former Red Wings Target Shane Doan Re-Signs With Phoenix Coyotes

Shane Doan, a one-time free agency target of the Detroit Red Wings, re-signed with the Phoenix Coyotes on Friday. From the Associated Press report:

The Phoenix Coyotes’ captain signed a four-year, $21.2 million contract with the team on Friday, getting the deal in just before the NHL’s expected lockout.

Doan became a free agent on July 15, but didn’t sign while waiting for the Coyotes’ ownership situation to clear up. He spoke with several other teams, but said all along that he wanted to remain in Phoenix.

The Red Wings were reportedly interested in Doan in July, but the reported asking price for Doan eventually put Detroit out of the running.

Doan has played his entire career with the franchise, dating back to when they were the Winnipeg Jets prior to moving to Phoenix.

For more on the Red Wings' offseason, stay with this StoryStream. For more on the Red Wings, check out Winging It In Motown. And for more NHL news and analysis, be sure to visit SB Nation's NHL hub.

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Red Wings Rumors: Detroit Out Of Running For Shane Doan?

It looks like the Detroit Red Wings may have to move on to "Plan D" in their quest to add another forward. First, they struck out with Zach Parise, and then they were unable to pull off a trade for Rick Nash despite submitting a pretty big offer. Now, the Red Wings appear to be out of the running for Shane Doan, according to Aaron Ward.

I don't fault the Red Wings for not wanting to overpay players. However, it's becoming clearer and clearer that in today's NHL, that is sometimes necessary if you want to upgrade your roster. The Red Wings can't just sell players on wearing the winged wheel nowadays, and they can't afford to keep whiffing on targets because of a high asking price.

With Alexander Semin off the market, it's not clear who would even be the Red Wings' "Plan D" at this point. I'm sure they would love to look at a trade for Bobby Ryan, but as they learned with the Nash situation, making a deal for a high-profile player is easier said than done.

For more on the Red Wings' offseason, stay with this StoryStream. For more on the Red Wings, check out Winging It In Motown. And for more NHL news and analysis, be sure to visit SB Nation's NHL hub.

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