Apparently Jiri Hudler has signed/agreed to a contract with Moscow Dynamo of the Kontinental Hockey League.  This could be a thing to fall back on if he doesn't get a desirable contract with the Red Wings. There's a report on it here. I'll post some more later, got to go to work for now though. 

Update (Christy): TSN's sister network in Quebec, RDS, is reporting that Hudler has signed a one-year, $2 million dollar contract with Dynamo. A Kukla's Korner reader gave a rough translation of what was said at the Dynamo-Hudler press conference:

In Detroit there is wasn’t place for me and I didn’t want to go to another club. So i didn’t ask for a trade. Then came Dynamo with their offer.

I started thinking about it and decided to go to Russia. It was tough but this is not a question of life or death. It is only hockey.

Bruce MacLeod of The Macomb Daily believes it's not looking likely that Hudler will return:

Hudler isn't surprising because he wasn't really happy, in my opinion. From being benched for Kopecky in the Western Conference final in 2007 to watching Valtteri Filppula -- who is the same age as Hudler -- get a lucrative long-term contract as a restricted free agent, Hudler knew that he was lower on the Red Wings' pecking order than he wanted to be.

I don't know what to think of this, but if he's doing it as a negotiating ploy I don't see how that would work. We only have so much money under the salary cap and it's not like we can offer him any more than what GM Ken Holland has already. If he really wanted to go play in the KHL, why would he ask his agent to continue to arbitration?