The Detroit Red Wings will be having discussions with Mike Babcock very soon about the possibility of re-signing the Stanley Cup-winning coach.

According to TSN Hockey Insider Darren Dreger, Babcock and Red Wings general manager Ken Holland are expected to meet later this week or early next week at the latest, with a contract offer to be presented at that time.

Babcock, who also coached Canada to back to back gold medals at the Winter Olympics, is in the final year of his contract with the Detroit Red Wings.

TSN Hockey Insider Pierre LeBrun reported earlier this month that both sides would talk about a contract prior to the start of the season and if nothing gets done, reconvene after the season. 

"At the end of the day, that makes the most sense," Holland told LeBrun on Sept. 4. "Our team doesn't need an everyday Mike Babcock watch all year long. We are going to talk in September, and we'll see where we go."