05/30/2012 05:26 EDT | Updated 07/30/2012 05:12 EDT

Red Wings' Lidstrom expected to retire Thursday

The Detroit Red Wings have announced a Thursday morning press conference, where it is expected that Nicklas Lidstrom will end his glorious career.

The Red Wings did not say what the press conference was regarding, but all indications are that the Swede will address his NHL playing future.

According to CBC senior hockey writer Tim Wharnsby, Holland told reporters from the site of the league' GM meetings in New York on Wednesday: "I'll let him make his announcement. He's earned that right."

Holland said he had spoken to Lidstrom three or four times since Detroit was eliminated in the first round against Nashville, and as recently as early this week.

Lidstrom turned 42 last month. He has been a part of four championship teams and in 2008 become the first European to serve as captain of a Stanley Cup winner.

He won the Norris Trophy seven times between 2001 and 2011 as top NHL defenceman.

Lidstrom is sixth all-time among defencemen with 878 assists, to go along with 264 goals for 1,142 points. He's appeared in 1,564 regular season games, 10th most ever of all NHL players.

A veteran of 263 career playoff games, Lidstrom compiled 54 goals and 129 assists and is a plus-61 in post-season contests.