All because Bettman got tired of being booed at the draft.
The change in format was spearheaded by the teams who voted to do it this way. This wasn't an edict by Bettman.
The Peacock Theater still holds 7,000 people so we'll likely get the usual Bettman booing. I think people are misunderstanding decentralized as meaning the teams and the prospects are staying home. The teams are staying home but the prospects can/will still attend and get their moment on stage.
When this change was rumored a couple years ago, I think teams would still send an emissary (famous alumnus, current player, celebrity fan, etc) to make the pick and greet the prospect. We got a taste of this last year; Joe Thornton announced Macklin Celebrini, plus Connor Bedard, Celine Dion, Michael Buffer, Anders Lee (was already in town for the Awards show).
Unfortunately with the TV situation, the NHL season has gotten prolonged into late June. So it was a headache for some teams to fly 20+ staffers to the draft for several days and then have to rush back to their home base for free agency on July 1. Apparently a few teams opted to stay in Vegas for few extra days after the 2024 Draft to deal with free agency before flying home.
I left for the airport after the 2019 Draft conclude and I thought I made pretty good time. I was surprised to find myself going through security with Colorado's group. LA/Arizona were already at adjacent gates. After the 2015 Draft, I was on the same flight with Pittsburgh who were slumming it on Southwest with me.
As much as we like to think our teams have an endless budget, sending 20+ staffers for several days can add up.
Last years was so amazing, they just needed to run it back. Classic NHL.
I was at last year's and it was fantastic. Couple drawbacks though:
It was very expensive for the first round ($130+fees IIRC). Second day not so much but the annoying thing was it was sold separately so they could tack on additional "convenience" fees. The draft used to be free up until 2016.
Day 2 started earlier than usual (8:30am local, usually it's 10am) because The Sphere needed to clean up and be ready for an afternoon movie showing. Definitely felt weird to go to sleep early on a perfectly good Friday night in Vegas. I woke up at 6am and ended up walking into The Sphere behind Tampa's group.
From the sounds of it, The Sphere has been hemorrhaging money. Despite the prices, I'm not sure the NHL Draft generated enough revenue compared to a concert (my friends paid $500+ for U2).
I remember there was a delay in announcing the location of the 2018 Draft because nobody was volunteering. Hosting the Draft tends to be a money losing proposition. Most NHL arenas would rather have a concert on a summer Friday/Saturday. This was partially the reason why the 2023 Draft was on Wednesday/Thursday.
Part of me thinks that having a bunch of GMs in the same room helps to generate trade talk and stuff.
But maybe the logistical nightmare of making it all happen actually takes away from it. Might leave more to do that stuff if they don't have the big in person event.
I dunno. Guess we will see
The 2023 Draft was in person and there were no trade ups in the first round. GMs have complained that it's too noisy on the draft floor. They can still easily call/text each other from their respective war rooms.
It is funny how some GMs tell stories. Brian Burke thinks his in person persistence is what pushed the 1999 pick shuffling across the finish line. But in reality, Tampa GM Rick Dudley was just making him sweat trying to get Burke to increase his offer.
On the other hand, I believe the Lucic to LA trade happened by chance with Kings staffers being at the same bar as the Bruins. Talk unexpectedly got serious quickly and Kings GM Dean Lombardi had to be summoned from his hotel room.
Teams had a taste of staying home for the 2020+2021 Drafts and I think they realized they could more or less still conduct business as usual with today's technology.