from Craig Custance of The Athletic,

Blashill declined to comment when asked about his contract by The Athletic, but according to an NHL source, after the regular season ends, the Red Wings have seven days to pick up Blashill’s option for next year. If they don’t, he gets a $300,000 buyout and the search for his replacement begins. So there’s going to be certainty fairly quickly after the season, assuming Yzerman keeps the staff together to play out the regular season.

There’s not a lot of financial resistance to making a change here. And if you just step away and examine it clinically, it certainly becomes an easy sell to make a change. Blashill wasn’t Yzerman’s hire, and general managers typically like to bring in their own guy even if there appears to be a good working relationship and healthy respect between Yzerman and Blashill. Still, the team is going to finish last. A new voice could bring new energy into next season....

If Yzerman were to do the same, one name surfacing within hockey circles is New York Islanders associate coach Lane Lambert. He has head coaching experience in the AHL with the Milwaukee Admirals. He won a Stanley Cup with the Washington Capitals. He’s part of a staff under Barry Trotz that continues to overachieve with the Islanders. He also was Yzerman’s roommate when the two were kids trying to make it in the NHL.

much more (paid) and worth the read...