I'm actually a little surprised he is still here now, as he doesn't really appear to be a part of Babcock's game plan and more a spare part hanging around.
I thought he would have been traded last trade deadline and then this entry draft. However neither of those things happened.
They qualified him to retain his rights and now have to go to arbitration to let someone else (unless resigned) decide how much he is worth.
If the arbitrator awards Holland a raise from his past amount, then there might be less trade interest from around the league, if they didn't want him at the lower rate earlier.
They might just walk away from the arbitrator's award - remember McArthur
I believe (not 100% sure) they must have tried trading him at some point