Left unprotected by the Detroit Red Wings for the 2001 NHL waiver draft, Chris Osgood was selected by the New York Islanders and became their starting goaltender, ultimately helping his new team qualify for the playoffs in 2002 for the first time since 1994.
The NHL waiver draft was an annual draft held by the National Hockey League (NHL) from 1977 to 2003. A reworked version of the NHL intra-league draft, the waiver draft was created to help address the league's competitive balances issues and the financial issues some of the expansion teams added in the preceding ten years were undergoing.[1] It was not held during the 1979–80 and 1991–92 seasons due to the 1979 merger with the World Hockey Association and the 1991 NHL dispersal and expansion drafts, respectively. It was discontinued as a result of the collective bargaining agreement that was reached to end the 2004–05 NHL lockout.[2] Over the course of 25 waiver drafts, 231 selections were made and 240 players total changed teams.
^Parsons, Mark (November 8, 2013). "The NHL Waiver Draft – Origins and The Rules". Historical Hockey Stats & Trivia. Retrieved March 27, 2023.
^"Collective Bargaining Agreement FAQ". NHL.com. July 22, 2005. Retrieved March 27, 2023. Waiver Draft – Will there continue to be a Waiver Draft? The CBA does not provide for the continuation of the Waiver Draft.
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