PEBBLE BEACH, Calif. - Draft-pick compensation for teams hiring coaches and executives under contract will disappear from the NHL at the start of the New Year.
Commissioner Gary Bettman told the board of governors Tuesday he'd like to scrap the controversial executive compensation policy that had been in effect since Jan. 1 and relayed that there was no objection to that.
For the past 11-plus months, any team hiring a coach or executive from another team had to surrender either a second- or third-round draft pick, depending on the time of year.
Five third-round picks and two second-round picks have been given up so far under the policy, and Bettman said those selections won't be given back.
The Edmonton Oilers were the biggest losers of the policy, having to send a second-round pick to the Boston Bruins for general manager Peter Chiarelli and a third-round pick to the San Jose Sharks for coach Todd McLellan.
The Toronto Maple Leafs gave up third-round picks to the Detroit Red Wings and New Jersey Devils for coach Mike Babcock and GM Lou Lamoriello, respectively.
Chiarelli and several other coaches and executives drew compensation even though they had been fired from their jobs, and many felt the policy wasn't intended to do that.
Bettman said the decision was made to eliminate the policy rather than modify it because "it wasn't a policy that was free from issues" and changes could have created more problems.
Starting Jan. 1, the league goes back to the old policy that a team must grant permission to talk to an employee but isn't allowed to ask for compensation.
The executive compensation policy was one of several topics discussed on the second and final day of the board of governors meeting, including concussion protocol.
Bettman said the NHL's concussion protocol, including the updated concussion spotter system, was working.
The commissioner declined comment on the lawsuit filed by the family of late defenceman Steve Montador alleging concussions caused him to suffer from chronic traumatic encephalopathy.
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