As long as the prospects get to stand on a stage wearing the jersey, I don’t think most people will care too much.
They’ll have cameras in all the war rooms anyway for when a team is deliberating before a pick.
The tradition of Bettman getting booed might put a wrench in the proceedings a bit.
Why not have a professional MC who is also a hockey fan?
This. Make it like the Oscars (if you want to grow hockey more).
I also really hope the teams take full advantage of staying home and organize proper draft parties in their respective cities. Or actually I hope the league incentivizes the teams to do this, actually make the draft decentralized with each team having a home base and gather fans there. I think this is an opportunity to make the draft bigger, not smaller.
Similarly I hope that teams are able to have a clearer focus on their on-stage people at the draft venue, i.e. all the decision people stay home to make the picks and trades, but the ex-players and celebrities go on stage. Shouldn't be too hard to organize now that you can separate the two functions easily.
Make it a show.