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In Summary
Appealing to owners and management
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Doubt it.
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Appealing to coaches and players
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Doubt it. Certainly not to players that end up traded to a non-playoff team hoping to win the first overall pick. Nobody dreams of playing for the right to draft first overall.
Speaking only for myself, not in the slightest.
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Motivation to win and the related excitement is greatly enhanced
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Presupposes that teams are trying to lose deliberately. Even in the case of Edmonton, that is a false argument. And, again speaking for myself, not very exciting.
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Parity is only slightly affected
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A rather stupid thing to claim given the entire article makes big issue out of the value of parity. This idea's conclusion defeats its own stated purpose.
We all like to laugh at the Oilers for their historical ineptness, but the purpose of the draft is to put the top prospects into the hands of the teams that need them most so they can improve. This proposal aims to give the #1 pick to a team that is mediocre while screwing said worst team. The alternate suggestion of using this for the entire first round is flat out asinine. Bad proposal is bad.