Trading The First Overall Pick: A Draft Lottery Timeline

Since the NHL draft lottery was created in 1995, there has been an uncertainty over who would be given the opportunity to select first overall in the year’s draft, with perceived “tanking” teams not being guaranteed the best spot. From it’s inception through 2012, teams could only move up four spots and thus the Los Angeles Kings—the very first winners of the lottery—couldn’t steal the first pick away from the Ottawa Senators in ’95.

But whenever a team is awarded the top spot, immediate pressure is put upon them to consider trading it. Questions are asked, stories are written and the seed of doubt creeps into a front office. ’How can we be sure that he’s the best available prospect?’ they ask, especially in years without a consensus. If Sidney Crosby or Connor McDavid aren’t staring you in the face, it may be beneficial to let someone else make that decision. Teams have indeed given up the first pick in the past.

In 1998, the Tampa Bay Lightning were easily the worst team in the league. They finished with a 17-55-10 record and at the deadline decided to give themselves a bit of insurance. They dealt Bryan Marchment and David Shaw to the San Jose Sharks for Andrei Nasarov and the right to flip picks with the Sharks should they win the lottery. The Sharks had acquired the Florida Panthers pick earlier in the year, and looked like they’d have a good chance at winning the lottery. They did just that, and the Lightning’s insurance policy paid off allowing them to flip picks and select Vincent Lecavalier first overall.

The Sharks would actually trade down one more spot, giving the Nashville Predators the chance to draft David Legwand at #2. In return, the Sharks selected Brad Stuart at #3, and Jonathan Cheechoo at #29. While both were great players for the Sharks, Lecavalier would have looked mighty fine in San Jose for the better part of his career.

In 1999, the Chicago Blackhawks actually won the draft lottery but could only move up from eighth to fourth. That winning set a huge line of trades in motion, as Brian Burke desperately worked to get the second and third picks in order to draft Daniel and Henrik Sedin. First he dealt with Chicago, then Tampa Bay and finally Atlanta, giving them the first-overall pick and the chance to draft Patrik Stefan the Czech center that had elite potential.

This story ends with the Canucks getting two legendary players who are with the team to this day, the Lightning—who originally had the first overall pick—with Dan Cloutier, Niklas Sundstrom and a whack of players who never panned out, and the Thrashers with one of the biggest draft busts in history. The Blackhawks at least got Bryan McCabe out of that original deal with the Canucks.

In 2002, the Florida Panthers were all set to draft Jay Bouwmeester first overall after winning the draft lottery and moving up from third. He was their target all along, until Doug McLean and the Columbus Blue Jackets said they wanted Rick Nash anyway, and would trade up to get him. The Panthers moved back down to the third spot after making a deal with Atlanta that they wouldn’t pick Bouwmeester at #2—they chose Kari Lehtonen instead—and everyone ended up with their guy. All Florida got for moving down was the right to swap picks with Columbus the following year, but since the Panthers would again find themselves with the first-overall pick that right was never exercised.

That 2003 lottery had much of the same for Florida, who this time moved up from the fourth spot. It was the Penguins this year who were after that top spot, eyeing a goaltender named Marc-Andre Fleury. They dealt the Panthers Mikael Samuelsson, a second-rounder and their spot at #3 overall for the right to draft “Flower” and an extra third round selection. The Panthers would pick Nathan Horton at #3, and Stefan Meyer with that second rounder.

In retrospect, trading the first overall pick has rarely generated much extra value for the team, but has caused some of the most interested draft-floor dealing in history. When teams attend the lottery this Saturday, we’ll see who may hold the cards going into the June draft. With no clear consensus in the top five once again, perhaps there is another chance for a first-overall swap this summer.