Unfortunately there is a popular myth that Mike Babcock is the best coach in the league even though there is no evidence to support the claim. Just because he coaches the Canadian Olympic team he somehow is the best coach in hockey (that is the usual response).
No one should ever have a safe job in sports. If you lose when you are expected to win (in the Wings case losing would be not making the playoffs) you should be replaced by someone who can do the job better or fix your mistakes.
It is partially Ken Holland's fault. He signs the players, he negotiates with FA's and current dead weight players to keep them on the team and take roster spots away from guys like Eaves, Tootoo, Nyquist, and Jurco.
When Ken Holland retires and is replaced with someone who doesn't have the same love for Babcock (looking at you Stevie) then he will be more likely to be fired (if he screws up). But for now, short of missing the playoffs, Babcock being fired isn't a likely scenario.
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