With the Detroit Red Wings to name Steve Yzerman general manager Friday, TSN Hockey Insider Darren Dreger reported that other teams have contacted the team's current GM Ken Holland.
Besides Yzerman's hiring, outgoing Detroit GM Ken Holland has taken on a senior vice president position with the club.
"(Holland) has been a teammate, way back in the day, a scout for this organization, my general manager and a great friend", Yzerman said.
Holland had been responsible for three Stanley Cup wins and a two-decade stretch of playoff appearances by the Red Wings.
Yzerman was the Lightning's general manager from 2010 until the end of previous year.
This story will be updated as more details are announced.
"I'm extremely excited to be back in Detroit", Yzerman said at a packed news conference at Little Caesars Arena. "Steve has produced tremendous results as a General Manager in the National Hockey League, as well as an executive in global competition".
Yzerman was a captain for a league-record 20 seasons in Detroit, where he is adored and known as The Captain.
Holland and head coach Jeff Blashill signed two-year extensions with the Red Wings before the end of last season, and Yzerman and Ilitch both expressed unwavering support for them.
Yzerman was the longest-serving captain in National Hockey League history, for 20 seasons from 1987 until his retirement in 2006. He had served as the Wings' GM since 1997.
In 22 seasons with the Red Wings, he scored 692 goals and amassed 1,755 points.
Detroit drafted Yzerman No. 4 overall in 1983 and he helped turn around the franchise.
Yzerman also said the move to a senior adviser was so that he could "spend more time with my family", and he still owns a home in metro Detroit where his family lives. "It has been nine years".