However, I believe it is a dangerous precedent and potentially damaging to a team culture when you tank just to try to ensure a high draft pick. There should always be a sense of pride when rebuilding a team.
You aren't guaranteed *ANYTHING* just by getting a #1 pick. Look at how many Edmonton has had. This is more about getting a good management team from the top down.
So much this. Basically this is all you need. You can forgo so many #1 or #2 picks with this. Look at Detroit. 23, soon to be 24 years in the playoffs in a row, during that time they have won four Stanley Cups and made the third round of the playoffs eight times. The highest they ever drafted in that time frame is 10th overall back in 1991 and only three times they have drafted in the top 20.
If you have a strong management team, you don't need to draft first overall or even top five. Yeah, it's nice, but not a necessity. The reason LA did so well is Dean Lombardi hired a draft genius in Futa and surrounded himself with smart people like Hextall. There was also a good focus on bringing in some guys from the past like Robitaille, Blake and O'Donnell. He also brought in character coaches like Terry Murray and Darryl Sutter. Most important of all, he let those guys do their job. Drafting Doughty second overall was nice, but outside of him all of the team was acquired either through trade or the draft at positions outside the top five. I think all are outside the top 10 as well, but would have to double check that to confirm. After Doughty I think the highest pick currently on the team is Kopitar (11th overall).
Why isn't it working in Edmonton? Because Kevin Lowe and Craig MacTavish have proven they can't build a winner, yet both are still there. MacTavish was a so-so coach, yet he hung around for eight years, finally got let go, and then was brought back as the GM. What does he do? Fire the only coach that's done much of anything (Kruger) in Edmonton in the past seven seasons, brings in his prized pick (Eakins), then when things don't go well tells the fan base that he's only been on the job for 20-months and that's not enough time to turn things around (which is a load of crap). Kevin Lowe was so-so as a coach fro a year, gets promoted to GM, the only thing of note he really ever did was sign Dustin Penner to an offer sheet and run the team into the ground, and for that he gets promoted to President or whatever he is now.
That team has done nothing to fix their horrendous drafting record (since the 1990 draft, 46 players they have drafted have played 100 or more games in the NHL out of the total 238 they have drafted. Of those 46 players, 18 were 1st rounders), they have done nothing to hold anyone accountable from top to bottom, and they refuse to deviate from a core group that is clearly only getting worse. How Lowe and MacTavish have been able to stay around for 15 years in Edmonton is beyond comprehension. All they have to show for it is a long list of bad or mediocore seasons and one playoff run where they got hot for 24 games. That's it.
DL showed he will get rid of guys that don't fit his mindset for what a team should be (Cammelleri and O'Sullivan as examples) and made bold and aggressive moves when needed (Richards, Carter and Gaborik). He made sure players were developed properly, even overdeveloped if needed (Voynov). Few guys got to jump straight to the big show and if they did, they generally were immensely qualified (Doughty).
I wouldn't want the 1st overall pick frankly. Yeah, it'd be nice to have, but you also have to question what that stigma does to the players there. How does it feel to be the worse team in the league? No one is worse than you. That can't feel great for guys like Myers, Ennis, Girgensens, Ristolainen, etc. that are likely to be core players for that team. If I was Buffalo I'd hope to not finish last. Everyone, even beat writers from Edmonton, predicted they'd be the worse team in the league, so to not be dead last by a country mile is exceeding expectations. The boost in self-esteem and team morale is something that can't be ignored or miscalculated.
If the draft was today, the Sabres would still be drafting 5th overall. That's still easily good enough to get a really good player.
Since the lockout, the only 1st overall pick to win a cup is Patrick Kane, and he's won two. Prior to the lockout?
Crosby has won one Stanley Cup. Ovechkin has never won one. Fluery won one with Crosby. Nash is still ringless. Kovalchuk never won a cup. Dipietro never sniffed a cup. Same with Stefan. Lecavalier has one. Thornton's still looking for a cup. So Phillips. Berard never did get a cup. Looks like Jovanovski never will either. Daigle sure won't. Hamrlik didn't. Lindros didn't. Nolan didn't. Sundin didn't. Modano won one.
So since the 1988 draft, five 1st overall picks have ever won a Stanley Cup, and only one has won two. Two of those players won the cup on the same team (Fluery and Crosby).
Don't get 1st overall pick obsessed. It's not all its cracked up to be even if the prize is McDavichel.