I still think a hybrid approach between the current system and the lotto ball draft. You use the current base % and adjust it accordingly based on playoff appearance and first overall picks over the last five years. If the adjustment is 3% for each then a team like the Oilers percentage would drop 9%. The playoff appearance adjustment is tailored to the teams that have competitive teams already.
This way it is slightly geared to the teams haven't had a first overall and haven't been to the playoffs recently.
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